Originally published on TheTechTrader.com.
Slope of Hope Blog Posts
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Unintended Meanings: Exhibit A
Gold Island
At the risk of being hunted down by Market Sniper, I have established, as of yesterday, a short position in GLD at a price of 119.82. It is my largest position, by far. I really like the abandoned doji that's been set up, as well as the everyone-loves-gold sentiment. These are both working in my favor.
63 Short Setups With Stop-Losses (By Ryan Mallory)
My Short Watch-List just keeps getting bigger and bigger. It's like
there isn't chart out there that I can't find a bearish case for, with
the exception of bearish ETF's (in which the bearish case means that you
go long on the stock ). With that said, there
are 63 stocks in all, and about 15 new stocks to the list that you will
find highlighted below in yellow. So if you are solely interested in
those that I have added since last week's post, then focus your
attention on the highlighted stocks.
As always, I've included my desired stop-loss for each one as well as
the closing price for today, 6/1/10. There are a few out there, like
Schlumberger (SLB) and TeleTech that looks like I have missed the boat
on, but I've kept them on the list anyways in the case that if get a
nice bounce out of them, I'll be looking to short the fire out of them.