Hey, it's downtown Josh Brown. I'm here at the New York Stock Exchange with my buddy, Scott Redler,

you may know him as the Red Dog. What's up, Scott?

How's it going? How's it going?

So Scott has a new book out, and my favorite thing about the book is it's free

my second favorite thing about the book is Scott has been trading since 1998

veteran more short-term oriented than I am but I have always felt that there's a lot

both camps could learn from each other so that's what we try to do right now first of all

what is the book about and why now it's an electronic book on moving averages. A lot of people out there, they fight the trend, they short strong stocks, they don't know how to hold things for... I used to do that. Everybody used to do that. And we all so basically I you know I always talk about

the 8 and 21 day moving average everyone's like why do you talk about that I'm like that

the 8 day moving average and the 21 day moving average yes one is a little bit more

sloped which means you're a lot more active one is a little bit more sloped, which means you're a lot more active.

One is a little less means you give things a bit more room.

But both of them together, I consider them the momentum trend.

Are you looking for crossovers?

Sometimes crossovers are why I just want to see it

follow it. I want to see it stay above it. I want to see a trend. See as a

professional trader we like to be in strong stocks, strong trends and ride the

market when it's healthy and when you're above the 8 and 21 day on

the S&P cash or in the queues or tech or the small caps that's a healthy market so we

try and ride that. Okay so the market went up 30% last year, started this year off pretty good.

We seem to be making a record high every other day.

Is that work really well for your strategy or not necessarily?

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