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.
Disclosure – surfing JDate for lonely Jewish traders
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Born in Toronto, lived in Phoenix for 20 years and now in Coronado, CA with a loyal wife (15 years, 14.2 Canadian years), two awesome kids and a dachshund. My current start-up is called Stocktwits and I am a co-founder and CEO. More »
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