No New Swing Shorts For Wednesday As The Market Is Still Holding The March 14 Lows

March 27, 2007

3 out of 4 stocks follow the trend. And since we are not getting any distribution days and most of my longs continue to do very well, despite the rough market, it is still not time to short yet. The trend, even though it is HORRIBLE, is still up. Until we crack the lows and get some more distribution days, I don’t think it is wise to go short yet.

However, if you are more risk tolerant than I am in an up market, there are some stocks that look ready to bite the dust: ETH HOG MDT DD

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