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 MauiTrader |
| Monday, August 14, 2006, 1:58:40pm |
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BRY: It would make a great short here, "IF" there was volume. There is no volume so there is no conviction to the selloff and risk/reward really doesn't line up.
RIG and GSF are going to be great shorts. RIG already is. DO is done too but there was no clear time to go short.
If you must go short BRY make sure you cut your loss with a close over the 200 dma.
Disclosure: I am short GSF. |
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| MauiTrader |
| Monday, August 14, 2006, 2:55:53pm |
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RevShark just mentioned he went short GPRO and COST on realmoney.com
Both are rolling over. He seems to short low volume movers as long as they crack. I like both of his shorts. Don't know why he decided on these two but whatever. |
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| ORKiter |
| Monday, August 14, 2006, 6:40:01pm |
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i like FLR now closing below 200dma and another failed test at 50dma on volume |
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| MauiTrader |
| Monday, August 14, 2006, 8:04:41pm |
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FLR: I agree, AGAIN. I think three days ago was the best time. I should have revenged shorted it but I didn't and now am going to leave it alone. |
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| Nani |
| Monday, August 14, 2006, 11:17:24pm |
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Hi All,
I am watching belowstocks for potential shorts..
ANF
MEK
What you guys think.
Regards
Nani |
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| MauiTrader |
| Monday, August 14, 2006, 11:33:18pm |
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MEK makes a crazy short here as you open yourself up to 30% (60% on margin) risk. ANF no reason to go short yet. If you do cut loss with a close over 50 dma. However, this stock is still above support so it may not be ready yet. Still this is a great candidate. I am short ARO already and am up 16% (32%) on that one so this one could be next. Just make sure if you take it to cut your loss if it reverses. Don't ask questions, just stick to the plan.  Aloha, Nani! |
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| huajian_us |
| Tuesday, August 15, 2006, 12:16:57pm |
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I saw the increase number of short queries in the past few days here. |
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| MauiTrader |
| Tuesday, August 15, 2006, 1:51:30pm |
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Yeah. You should have heard the short yesterday in the chat transcripts I was reading in a couple of big stock chatrooms. Today had to happen. This will throw many people off. Me I am happy. I hate shorting. |
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| ORKiter |
| Tuesday, August 15, 2006, 3:39:23pm |
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Quoted from MauiTrader
MEK makes a crazy short here as you open yourself up to 30% (60% on margin) risk. ANF no reason to go short yet. If you do cut loss with a close over 50 dma. However, this stock is still above support so it may not be ready yet. Still this is a great candidate. I am short ARO already and am up 16% (32%) on that one so this one could be next. Just make sure if you take it to cut your loss if it reverses. Don't ask questions, just stick to the plan. Aloha, Nani!
josh, are you fully on margin in this mkt ? |
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| MauiTrader |
| Tuesday, August 15, 2006, 3:44:37pm |
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| MauiTrader |
| Tuesday, August 15, 2006, 3:44:48pm |
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But everytime you short you have to use margin. |
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| ORKiter |
| Tuesday, August 15, 2006, 4:03:49pm |
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yep got you.......anyone on margin besides being crazy would be paying 10-10.5% right now for margin interest - i would be impressed with anyone returning that in this tape let alone beating that rate |
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| phailin |
| Tuesday, August 15, 2006, 4:24:59pm |
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i use butter when i short, tastes better |
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| MauiTrader |
| Tuesday, August 15, 2006, 7:05:16pm |
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margin interest, dividends, and reversals. There are so many reason why shorting is rough and not smart to do. However, I have had so many winners on the short side that I can't advise against it.
LOL. Butter. He He. |
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| Market Speculator |
| Tuesday, August 15, 2006, 8:13:53pm |
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Make Relaxation Your Profession Moderator Posts
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Like the butter on my breakfast toast? |
| Success is a State of Mind - - Tommy Bahama
Profits always take care of themselves but losses never do. The speculator has to insure himself against considerable losses by taking their first small loss. - - Jesse Livermore
The game of speculation is the most uniformly fascinating game in the world. But it is not a game for the stupid, the mentally lazy, the man of inferior emotional balance, nor for the get-rich-quick adventurer. They will die poor. - - Jesse Livermore |
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