4 ms·
that has nothing to do with forward expectations, which is my point.
by tempsy 6y ago
that has nothing to do with forward expectations, which is my point.
- throw0101a 6y agoIt has gone up for the last little while, so the expectation is that it will continue to go up. From the article I linked: > When applied, an investor can buy or sell based on the strength of the trends in an asset's price. If a trader wants to use a momentum-based strategy, he takes a long position in a stock or asset that has been trending up. If the stock is trending down, he takes a short position. Instead of the traditional philosophy of trading—buy low, sell high—momentum investing seeks to sell low and buy lower, or buy high and sell higher. Instead of identifying the continuation or reversal pattern, momentum investors focus on the trend created by the most recent price break. Momentum is a recognized factor in investment returns in peer-reviewed research: * https://en.wikipedia.org/wiki/Factor_investing https://en.wikipedia.org/wiki/Factor_investing
- idoh 6y agoIf that's what you believe then you can always put your money where your mouth is and go short on Tesla.
- tempsy 6y agothere’s no point in trying to act rationally when the market is in extreme moral hazard mode.