randy my opinion is different from yours...i find shorting 2nd and 3rd tier companies much easier in a bull run and, using proper $$ management and a medium to high pain threshold to wait out drawdowns much easier than going long
over the last few weeks, I've shorted CTIB, RURLC, HGMCY at or near the top,VGZ, NEOT, IMNR and took a quick down ride on the TWTC elevator this morning
of course, my position sizes tend to be relatively small so i can wait out the draw down if it runs against me...
i short individual stocks that have unsustainable metrics,,,,hell, i shorted RAZF at .33 and watched it go up 200%+....wasnt the most fun i ever had, but there are certain patterns I've come to trust over time...and i learned the patterns during screaming bull markets....
just another point of view, FWIW |