Tuesday, July 13, 2010

Short setups look very mouth watering!

All I am looking for now to initiate partial short positions in these stocks is a late day reversal in the indexes and in these individual stocks near the close of trading that takes them down near the lows of the day (similar to what CGA looks like now except right before the close the trade).

I jumped the gun a bit with CSTR and PWRD. However, even if I get stopped out of these positions which does not seem likely at the moment, my losses will be small and there are still many opportunities to get short that will help to make up these losses plus make profits such these stocks show above.

Good luck and good trading!

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