Shorting With Both Hands

There is a time to short strength and a time to short weakness. This is a time to short weakness. I say that because in this arena, I am doing a lot better shorting stocks on the way down than shorting stocks in a downtrend on a bounce. I’ve got to go with what is working. As for picking shorts, this is the least sophisticated TA I have ever done. Example, on Monday, with whatever buying power I can muster up, I am shorting FSLR. FSLR looks weak on both a monthly and daily chart, so I am going with it.
As far as the bear market is concerned, it is just getting started IMO. As long as the rhetoric on TV is at all focused on fantasy economics, the end is not in sight. Current positions and last week’s changes are below the charts.
There is a time to short strength and a time to short weakness. This is a time to short weakness. I say that because in this arena, I am doing a lot better shorting stocks on the way down than shorting stocks in a downtrend on a bounce. I’ve got to go with what is working. As for picking shorts, this is the least sophisticated TA I have ever done. Example, on Monday, with whatever buying power I can muster up, I am shorting FSLR. FSLR looks weak on both a monthly and daily chart, so I am going with it.
As far as the bear market is concerned, it is just getting started IMO. As long as the rhetoric on TV is at all focused on fantasy economics, the end is not in sight. Current positions and last week’s changes are below the charts.


Current Short Portfolio
X GHL CPLA ESRX TRI VMC AMGN PRU CPO SWN SKX BKR DRIV FST APOL ITRI ZUMZ WBMD PWR AMED FNSR CHK MDRX SPTN WFM AMAG SAI SPLS SYY ZMH PAYX ORCL MSFT CETV AEO MHK HGG DE MYGN MDT SKY ANR OSG GE BWS CFN AMAT PBCT EXH PETS FRO SYMC IACI
Last Week’s Additions and Changes
X (doubled position)
AEO (doubled position)
ZUMZ (new)
SHLD (covered, couldn’t borrow stock)
SAI (new)
DRIV (new)
LLY (covered, not performing)

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About Fantasy Free Economics

James Quillian is an independent scholar,free market economist, teacher of natural law, teacher and originator of the Fantasy Free approach to economics. James Quillian does not believe lies. Contact: news@quillian.net
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