I went to max losers list on google and searched for the sector that is loosing. If only one stock is loosing and the rest in the sector are doing well or just moving side ways then, shorting should not be done.
The gold sector is on a decline. GRS, GAM, and many in the sector are in a decline. they have passed the 30 day average line and are on a decline. I can probably invest 2-3k and see how that goes. I have to find the worst stock that is declining or the the stock that has just crossed the 30 line. Also look at the fundamentals with the worst fundamentals. Gam and Grs have the worst pe ratios and eps.
Now the buy should be put on the 30 day average line.
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