Should I start shorting now?

would expect selling into the close now, the situation in Iraq is very uncertain, who knows what will happen over the weekend, Baghdad could be taken over by the rebels.
 
viktor_k67 said:
Should I start shorting now? WHAT???

What do you want to play short? gold, S&P 500 ....:confused:
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Volatility too low, volume too low. I would not risk. Plus, yesterday bearish volume surge may push it higher - was increase in the Bears (that is where the volume surge came from) but the Bulls topped them which suggest that the Bulls are still strong and they use any dive down to buy.

Even it goes lower I do not think it is not going to be deep on such low volatility and volume.
 
if you want to then do so. it is your choice but if you ask for my opinion i say no. now is the time to buy in my opinion. all the momo names have been beaten badly already and going long now is epecially good in terms of entry point and risk. when things were flying, it was a good time to start slowly selling. i didnt pick up on this but came out only slightly bruised. i have twtr and yelp for instance and the two have already shown a handsome profit. i also believe we are entering the last wave of a bull market but that is still not for certain at this point. i also believe that if you take into account the market reacts to things 6-9 months in advance, and the Fed has said they will be increasing rates some time around start/mid-2015 then September-november time frame will be when the market falls. not full blown bear market but a 20% correction looks in order. plus you have to look a the divergence of the three most looked at indexs and whilst the s&p and dow are making new highs the nasdaq hasent. and with things going the way they are you should at least wait to see if the nasdaq hits a new, which i belive it will. on top of that you should only start shorting when all the confirmations have come. otherwise when things start going down hill you can always open a few smal positions in some stocks you think will fall and then once confirmed double up.
 
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