Sunday, October 31, 2010

Short candidates

The regular readers of this blog know that I haven't gone for short for a long time. In fact, I can't remember the last time I was short this market. My bias is still towards being long these markets but that being said, I am well aware of the possibility that a bad QE2 number on Wednesday and this market could fall....and fall fast. In the spirit of being prepared for any eventuality, here are a few short candidates I like here with comments on the charts itself.

I will be back later today with a post on the levels to look out for on S&P. Until then, here is SPY analysis and a post explaining why I am fully in cash right now.

Take care and good luck!

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