Below are some interesting short prospects in which I have no position but seem quite intriguing.

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Below are some interesting short prospects in which I have no position but seem quite intriguing.

Monday was good. It started off entirely green, but a few people had the good sense to take profits, and the market softened up appreciably. Below you can see how the S&P 500 and S&P 100 have both broken their wedge patterns and are ever-so-slowly working their way lower in a range which has trapped prices for months.

I had kind of given up on Costco (COST) as a short candidate until Xerxes mentioned it this weekend. I’ve got to say, this is looking like a pretty massive right triangle top to me! I would also remind you that this company, which is exceptionally well managed but is basically a supersized Walmart, has a P/E of almost 50.

On his deathbed, surely, the dying man may utter…….”If only I spent more time on YouTube watching random videos to quell my ceaseless boredom………”
