Thursday, December 20, 2012

Short Idea Watch List

Below is a ton of stocks with weak RSI's that are below key moving averages. In my opinion these stocks would get crushed if the market tanks. Keep in mind, shorting strong stocks that look over extended can sometimes be a difficult task, these stocks have more buyers than you think. You want to short something that is already broken and has done a dead cat bounce. Much easier that way. Also, its much easier to short the SPY (since you don't need to worry about stock specific news), you can use 2x leveraged ETFs like $SDS to short these indexes.

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