Update from The Momentum Stock Trader on the 12th September 2008

Mark Crisp

Bear Market Attack.

12th September 2008

It's tough out there. The bears are in control. You must be shorting stocks, in cash or day/swing trading right now. The long term buy and holds are getting killed.

The bull market of 2003 - 2007 is well and truly over for now.Remember whwn I picked great stocks like NTRI, TZOO, TASR, ANTP, ICE, TIE, HANS, DRYS, CROX. I said remember these picks when the cycle ends. And it did as it always does.

The key is to adapt to each market cycle. Don't sit and hope things will get better. Go with what is hapenning right now and close your ears.

As bad as things look right now we wil lcome out of it and momentum rading catching those huge 100%+ moves will be in vogue again.

Until then short, stay in cash or learn to trade on much smaller time frames.

Check out my penny stock method at:

http://www.extremepennystocks.com

Regards

Mark Crisp

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