Lets hear from the successful shorts

[qxr1011]

Quote from markd85:

Hi All
what fundamental critera do you find important before you consider a short.
Mark

IMHO fundamental analysis is not for shorting.

 

[stock777]

Quote from Bitstream:

hmmm....maybe this thread was about shortin' and odds in ttwo clearly favored long off the bat since it wasnt beaten up in premkt, neither at open. i dont know what u mean by selective disclosure but i didnt touch ttwo; sure got massacred on long lcrx at open but i as i said in a previous thread mrvl saved me buttz and more.

TTWO was down 20% in trading the night before and more in the AM.

guess thats not beaten up enough for ya.

 

[TheCaracal]

Quote from qxr1011:

IMHO fundamental analysis is not for shorting.

really, check the homebuilding stocks ...

 

[Bitstream]

Quote from stock777:

TTWO was down 20% in trading the night before and more in the AM.

guess thats not beaten up enough for ya.

was down 22%+ on premkt and heavely bot, also the open was met by buyin'...cant see the point u are tryin' to makin'. i never said ALL gaps down will keep trendin' lower but odds are the big gaps will do; also there are a lot of parameters to keep in consideration, but i guess that is too hard for u to figure out.

 

[cashmoney69]

Quote from Steve Tvardek:

Geez, are you serious with this post? I hope the $$$ in you're trading isnt money you desperately need

3 out of 5 times, the stocks I've either traded or watched have closed the gap within at least a month.

 

[Steve Tvardek]

All you are doing is guessing on a pattern. I dont know if you watch the price action, but stocks gap up/down for a reason. To just pick a stock to short just b/c it gaps up (alot) seems rather risky.

But if you've made tens of thousands doing this strategy, then I wont say it doesnt work. I just wouldnt do it.

Quote from cashmoney69:

3 out of 5 times, the stocks I've either traded or watched have closed the gap within at least a month.

 

[Bitstream]

Quote from cashmoney69:

3 out of 5 times, the stocks I've either traded or watched have closed the gap within at least a month.

there's a truth in it; many large caps are usually dumped right off the bat or after they go up 1% or so.

 

[chrisofj]

Quote from Bitstream:

gaps down man, there's where da serious moneta can be made, look at mrvl today ... boy what a beauty.

every day i see quite a few sobs that trend down all day long, and they are a joy to trade.

look at this p.o.s:

CAKE today was similar to mrvl yesterday. Gotta love gaps, especially out of 30min and daily bases.

 

[Bitstream]

Quote from chrisofj:

CAKE today was similar to mrvl yesterday. Gotta love gaps, especially out of 30min and daily bases.

ja, squeezed 1% out of it, but liquidated waay to soon...unfortunately i gave it all back and much more on altr and another couple of stocks...day to forget.

 

[murray t turtle]

Quote from cashmoney69:/steve

3 out of 5 times, the stocks I've either traded or watched have closed the gap within at least a month.

====================
Cash money , in cash markets that sounds fine, selling gap ups.

However when you have a strong technical & fundamentals like have seen in oil/gas markets , one could get slaughtered doing that.

Some perhaps were frightened when William O Neil mentioned [illustrated ]on his short selling book shorting @50dma area.

Actually that seemd to reinforce the idea;
not a prediction.

Nitro mentioned ES crashing on Jan 20, 2006;
oil-gas stocks gapped up Jan 20 ,uptrended for weeks, months.

Hope this helps;
my comments include swing/position trading, non scalping daytrading