Name That SHORT!

Posted by Howard
on January 4th, 2008

I am now shorting a bunch of SPYders. Could be for the day or could be for 5-6 points. I will hit them all day. It is a lazy short, more as a hedge for my longs. Eyeing the Russell (IWM) closely as well.

This time it does not feel like a momentum short. Lot’s of complacency beacuse Search, Gold, Solar and Appe seem impermeable. They are’nt if we get messy.

Let me know your favorite short idea. If I use it, I will send you some SHKL’s :) . I think mine is still homebuilders. They go lower still.

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