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Strategies & Market Trends : Short Selling, Dark Side, Bubble Busting Laboratory

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To: orkrious who wrote (39)4/17/2005 10:57:02 AM
From: russwinter  Read Replies (1) of 361
 
URBN and CHS had severe high volume alert breaks, and thus could very well work. I've passed on them because of the large short interest: URBN 9.32%, and CHS 16.56%. Short interest data can be found here at Yahoo Finance:
finance.yahoo.com

That makes them susceptible to another round of discouraged short covering should an B to C rally develop here. In fact short covering is about all the market has to work with now. Unfortunately there is a lot of it out there, and it picks up on these big declines. This kind of market really toys with everybody's emotions: bull or bear, and that tends to lead to poor timing and trading decisions, which is all the more difficult anyway given the volatility.

There is no need to develop a black box on options. Almost all the top online trading sites offer this to their better customers. I use Cybertrader Pro for mine, all running real time and streaming on my screen. You can see an example at the bottom of the screen:
questrade.com
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