"Montgomery Watch", page-15

  1. 964 Posts.
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    That's because he is a momentum trader, he is not a 'value investor' - he's only in things that are going up...and out miraculously before it starts going down. Nothing wrong with that, good luck to him - but he is clearly deceiving the public in pretending that he has some mathematical Intrinsic Value formula for coming up with entry points.
 
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