Goodbye Momentum, Hello Flippers By Rev Shark About this article: We have positive action out there with the indices up and pretty good breadth of 3,500 gainers to about 2,050 decliners. However, most of what I see is dead cat bounces in broken stocks. There isn't much that is trustable for sustained upside. Traders aren't looking for momentum they can ride but for some buys that they can quickly flip. The trading that works in a market like this is much different than what worked back in May and June. We had some major momentum action back then, particularly in small-caps. Solar energy, China and low-priced biotechnology were being aggressively traded and there were very strong bids under the market. The market is much different today and if you don't recognize that and adapt, you will lose money. You can't chase momentum because it isn't lasting and the dip-buyers who held the market up so... Or, call us at 1-866-321-TSCM (8726) Monday-Friday, 8 a.m.-6 p.m. ET. Outside the U.S. and in Canada, call 1-212-321-5200.

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