Is there a justification for being short?

Quote from areyoukidding?:

Those are the best trades, no risk, but dont learn anything...
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I learned I am/was a little early, can't trade everything but it is nice to try and check your strategy.

we use a proprietary software it is telling me the high could be 60cents bottom 44 over the next few days...

if it were a live trade I would look to scale into approx on this trade 3/4kshares with an exit around 4450..if amzn went to 70's would exit the trade..but would exit the short 1k dollar, 1k 70's and hold to 50cents balance with tight not executed stop
 
boy was our indicator early. amazing volume today over 17m shares

I still believe amzn to be a good short, just had an 8dollar run last few days..

our simulator has 4k @ 38cents...
here's hoping it is right
 
Quote from riskarb:

The answer is a thread titled, "Is there a justification for being short?" You can see it in the eyes of the bobbleheads on CNBC; I think Sue Claman is going to "achieve" while quoting the Dow. Tyler's forehead is getting larger, so you know we're near a short-term washout.
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Exactly. When you hear non-stop bullish cheerleading, you know it's getting close.

Today's afternoon volume in the ES has been pathetic. I've noticed a lack of 100+ blocks the last two days. I think the big boys are finished buying this rally. A breakout like today should be accompanied with higher volume; it has been around the same as the last few days instead.

Perhaps shorts are a bit premature, but I'b be nervous with longs here.
 
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