Retail secotr has been one of the hot sector and every stock has more or less doubled in last 6 months.
In my opionin the sector will cool down and one can establish short position on couple of strong up days or when ever any stock pops up due to earning or other positive announcement.
another way to keep out of trouble is not to short leading to earning date. If you are a brave soul the go short a day before the earning - or if the earning is after hours go short around 2:30 PM
It will work 70% of the time
Do paper trades till you have it figured it out. If you are reading this then add your opionion of what worked for you.
Is it hard work - I say compared to what? It is all in the head as the saying goes. Doing plumbing is harder for me - for some it is piece of cake.
Happy trading
| Make Big Bucks promoting Zacks products on your website! Click here to Learn about Zacks' Affiliate program. |
| Zacks Top Ten Stocks for 2011 are now available! This 10-stock portfolio is a well-balanced mix of aggressive and conservative, large and small cap, growth and value. Buy them. Hold them. Watch your gains add up |
|
No Stocks are Harder to Find, or More Worth the Effort. They have the greatest potential for quick gains, but they're also the most difficult to find and time correctly. Now Zacks has perfected a system for identifying and profiting from turnaround stocks just as they begin a powerful rebound. Learn more here >>. |
| Find Winning Stocks Quickly with Research Wizard, a powerful desktop software program. Start with easy-to-use pre-loaded strategies, then develop your own. Backtest against years of historical data to see how your approach works in any market. Start a Free Trial Today >> |

Read rjm77me's blog in RSS


May 13, 2010
Edited: May 13, 2010
Share This