To the thread: Lets talk short. I have several stocks for a few days now. The only one I like is my TAVA short. It is working out well. The others are long, and they are not working. They will, in time, but I am going to cut my losses, soon, if they continue loosing (except for ASTM and GERN, which will pop in the next couple of weeks.)
It looks like Clinton is going to be impeached, and, as we all well know, if that happens, the market tanks again. I know a few stocks that tanked big time a couple of months ago, because I held them, and sustained long periods of anguish because I held them. Now, being somewhat more of a day trader than I was back then, I would dump them before enduring such anguish. But, the obvious solution is to short. Back in August, I wish I had shorted ZD, AMTD, EGRP, NSM, TRMB, WCII, IFIDF, CIEN, NSCP, and others. (Don't get me wrong, I did not hold all of these BIG loosers, but I held some, and noticed how badly some of the others tanked.)
Maybe an appropriate thing to do, now, is to gather a concensus from the thread as to what stocks are the most likely to tank, thus being good short candidates. (Personally, I have always felt more comfortable going long than going short, but you can make money either way, and recently, going short looks more promising.
Any thoughts??
Ed
PS, if history shows us anything, S'Damn Insane better hunker down on Thursday! |
