Do You See Why We Don’t Short The Market Until The Trend Is Clearly Down?; No New Swing Shorts For Thursday.
January 24, 2007
No new swing shorts as the market is clearly telling us that the trend is still up. Buyers are still in control and until longer term trends turn down, it is stupid to short this market. 3 out of 4 stocks follow the general trend and that general trend is still up. Therefore, there is more money to be made on the long side now than the short side.
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