Trading on Momentum
Download or Read eBook Trading on Momentum PDF written by Ken Wolff and published by McGraw-Hill Companies. This book was released on 2002 with total page 296 pages. Available in PDF, EPUB and Kindle.
Author | : Ken Wolff |
Publisher | : McGraw-Hill Companies |
Total Pages | : 296 |
Release | : 2002 |
ISBN-10 | : PSU:000048580458 |
ISBN-13 | : |
Rating | : 4/5 (58 Downloads) |
Book Synopsis Trading on Momentum by : Ken Wolff
Book excerpt: The NASDAQ has reached a record 60 new highs in 1999, closing above the 4000 milestone. This record was the icing on the cake to a year of volatile victories for the NASDAQ, which experienced the largest one-year gain ever for a major market index. Momentum has never been more important. For example, the first day of tradingin 2000 saw the NASDAQ dropping close to 100 points before finishing the day with a significant gain, yet on the second day of trading, the NASDAQ experienced its worst point drop in history.