No new swing shorts for Friday as the market is still in a confirmed uptrend with the DJIA and NYSE hitting all-time highs. All indexes remain above their 50 dma so there is NO REASON to short any stocks when there are so many stocks going up so much. PTT, AOB, CHINA, IGLD, STEC, or HRZ. All of these did much better than any short has been doing since the rally started. 3 out of 4 stocks follow the trend. The trend is your friend and the trend is up.

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3 out of 4 stocks follow the general trend of the market and the trend is still up with only 1 distro day on the NYSE the past four weeks and three on the Nasdaq. The trend is your friend and until the general market is in a downtrend shorting is not the right play.


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