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marginnayan

10/18/07 12:38 PM

#568041 RE: marginnayan #568040

Momentum has been driving a lot of stock market activity lately, and it might seem like an obvious point, but it's one that bears repeating: following it too far can lead an investor right off a cliff. "Momentum may be its own justification, but the point is the freaks are in charge and momentum is its own reward - once again," writes Minyanville's Jeffrey Cooper. "Momentum is a trader's best ally - right up until the moment you turn your back and it sticks the knife in."

- DJs Newswire Live
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pelicaninnc

10/18/07 1:12 PM

#568046 RE: marginnayan #568040

EBAY not much short interest considering over a billion shares in the float. Too many sellers and not enough shorts and new buyers to hold the price up.

media really pumping tech these days. GOOG bandaid up next.