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172: The Magic of Momentum Trading – Alan Clement
Better System Trader
The Short Side of the Stock Market
Alan Borsuk: It's very, very difficult to... I mean, let's remember what we're measuring here. We're measuring the speed and the time and the strength of a particular trend. So on the downside, it's very tricky to first of all find stocks that are traveling down at a particular level that would make you want to trade them. And then when you get into them because of that mean reversion effect that you often get as stock has been going down for a long time, you end up getting whipped with your head ripped off if it starts going back up. He says he hasn't really managed to get anything working on this on the short side in stocks but
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