Momentum Stock Trading Message 21st January 2008
Hi
From Mark Crisp
24th January 2008
MSTS only $200 at:
http://www.stressfreetrading.com/index2.shtml
Well a good system is not all about fantastic gains. It’s about playing great defence as well. M.S.T.S. kicked us into cash in December and since I have urged everyone not to enter this market on the long side. That alone should have saved you money.
As I go for meaningful medium/long term trends (2 –6 months) you simply will not get these in this current market. You have to wait for the market to actually turn back up. Not predict it…or wish it but wait until it does then we start trading back into stocks like HANS, TIE, CROX.
It’ll come one day. These cycles usually last 3-6 months. So if it started say November 2007 we might be looking at another month or two before we start trending again. DO NOT LOSE MONEY IN THE MEANTIME.
Momentum stocks:
NONE
100% cash and waiting.
Regards
Mark Crisp
