No New Short Positions For Wednesday But…

July 24, 2007

no new short positions for wednesday but it is apparent that all my short recommendations are working so the market is probably setting itself up for a possible downtrend. however i do not recommend going short until after the market has clearly topped. something tells me the crowd is too bearish right now for us to top. the put/call even surged to 1.16 at the close.

if this was a clear bear market, these stocks would make good shorts:

SLG

AIG

GHL

HBC

ROST

PNC

LM

USG

ETFC

Last 5 posts in Free Archives Shorts

Posted by Joshua Hayes | Filed Under Free Archives Shorts 

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