How to short?
(2006-01-14 13:22:39)
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Here is a short course of shorting:
1.NEVER NEVER NEVER short a runner
2. Is there any bad news out... NO - Don't short good news!!
3 Bearish cross of 30, 60, 90 MA? NO - if so, you could take a short position.
4. Large block dumping - N0 -just the opposite here, large block BUYING
5. If you have a 3 day topper on decreasing volume, a short may be profitable Do you have that here? NO - increasing volume.
6. If you are shorting on rising prices, rising volume, rising MA and rising big block buys, you had better learn how to short.