No New Swing Shorts For Thursday As The Market Is Still In A Solid Uptrend Off Of The March 14 Lows

March 28, 2007

The market still is not selling off on huge volume signaling to us that a bear market is here. Until, the trend is down on HUGE volume and we lose all of our pretty charts, like we started to after the Feb 27 sell-off, it is not smart to go short and fight the trend. Especially, since we are not in a clear trend and the fact that 3 out of 4 stocks follow the general trend of the market.

There are some stocks that look ripe for a deep fall: RYL PPS ABFS TM

If this was a bear market, I would love to be short these patterns.

Last 5 posts in Free Archives Shorts

Posted by Joshua Hayes | Filed Under Free Archives Shorts 

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