Saturday, August 6, 2011

Time to short

Market is uncertain and there are good shorting opportunities. Short 2-3 stocks and diversify so that there is no stress. Do not short just on stock. That is a mistake and can cause unnecessary stress and losses and getting out of position prematurely.

I will select 2-3 stocks and short them on money. Stocks are moving below the 30 moving average. One is NETL. Need to find 2 more and short them. The stocks should be fundamentally weak and the P/e should be negative if possible. Does not matter even if the P/e is positive. Tech or solar or other volatile or recreation sectors are preferable. These are the stocks that go down real fast and are the first to move down.

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