Comments on: Setups for Selling Stocks Short http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/ A blog about trading, finances, success and life itself Fri, 30 Dec 2011 14:18:33 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: chrisperruna.com » Blog Archive » Possible Shorts Trending Downward http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/comment-page-1/#comment-18347 chrisperruna.com » Blog Archive » Possible Shorts Trending Downward Thu, 05 Jun 2008 12:35:52 +0000 http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/#comment-18347 [...] Setups for Selling Stocks Short [...] [...] Setups for Selling Stocks Short [...]

]]> By: chrisperruna.com » Blog Archive » Stages of a Stock Breakdown http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/comment-page-1/#comment-17253 chrisperruna.com » Blog Archive » Stages of a Stock Breakdown Tue, 11 Mar 2008 12:52:58 +0000 http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/#comment-17253 [...] five charts tonight profile what a stock looks like as it starts to breakdown and become a prime shorting candidate. I have been highlighting multiple shorting candidates (stocks trending downward) over the past [...] [...] five charts tonight profile what a stock looks like as it starts to breakdown and become a prime shorting candidate. I have been highlighting multiple shorting candidates (stocks trending downward) over the past [...]

]]> By: chrisperruna.com » Blog Archive » Stages of a Stock Breakdown http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/comment-page-1/#comment-17252 chrisperruna.com » Blog Archive » Stages of a Stock Breakdown Tue, 11 Mar 2008 12:52:58 +0000 http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/#comment-17252 [...] five charts tonight profile what a stock looks like as it starts to breakdown and become a prime shorting candidate. I have been highlighting multiple shorting candidates (stocks trending downward) over the past [...] [...] five charts tonight profile what a stock looks like as it starts to breakdown and become a prime shorting candidate. I have been highlighting multiple shorting candidates (stocks trending downward) over the past [...]

]]> By: chrisperruna.com » Blog Archive » Hurting Stocks to Short? http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/comment-page-1/#comment-17153 chrisperruna.com » Blog Archive » Hurting Stocks to Short? Wed, 05 Mar 2008 13:30:31 +0000 http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/#comment-17153 [...] Setups for Selling Stocks Short [...] [...] Setups for Selling Stocks Short [...]

]]> By: Chris http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/comment-page-1/#comment-16278 Chris Mon, 28 Jan 2008 13:46:17 +0000 http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/#comment-16278 Woodeshedder, Nice list! I'll have to check it out further for one that may hvae longer term setups as well (or at least the beginning stages of that pattern). Woodeshedder,
Nice list! I’ll have to check it out further for one that may hvae longer term setups as well (or at least the beginning stages of that pattern).

]]> By: Woodshedder http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/comment-page-1/#comment-16271 Woodshedder Mon, 28 Jan 2008 06:53:07 +0000 http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/#comment-16271 Chris, many IBD 100 stocks in the early to intermediate stage of rolling over. I posted 14. Undoubtably there will be more spikes before they really give up. However, I still think there is room for short swing trades. Chris, many IBD 100 stocks in the early to intermediate stage of rolling over.

I posted 14.

Undoubtably there will be more spikes before they really give up. However, I still think there is room for short swing trades.

]]> By: Afraid to Trade.com Blog - Overcoming Stock Market Fears » A Little Linking Going On http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/comment-page-1/#comment-16266 Afraid to Trade.com Blog - Overcoming Stock Market Fears » A Little Linking Going On Sun, 27 Jan 2008 17:49:54 +0000 http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/#comment-16266 [...] brief resource entitled Setups for Selling Stocks Short, which you may find useful in the current [...] [...] brief resource entitled Setups for Selling Stocks Short, which you may find useful in the current [...]

]]> By: Chris http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/comment-page-1/#comment-16262 Chris Sun, 27 Jan 2008 16:16:13 +0000 http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/#comment-16262 chris II, I don't agree with what you say and I will highlight this over the next few months if in fact the market does fall further. The patterns might look more drastic due to the bubble but they also occured in 2004 and 2005 when stocks took breathers and will appear again if the market heads lower this year. Human nature. I am not looking for day trading shorts. I started to profile the fall of CROX near $70 and then again at $55. The 50-d crossed the 200-day at $40. The stock is now at $29, another 25% lower and it may drop further. Look at SHLD - 50-d crossed the 200-d at $170 in July (short there). It now trades at $90-$99. If that's lagging, sign me up!!! chris II,
I don’t agree with what you say and I will highlight this over the next few months if in fact the market does fall further. The patterns might look more drastic due to the bubble but they also occured in 2004 and 2005 when stocks took breathers and will appear again if the market heads lower this year. Human nature.

I am not looking for day trading shorts. I started to profile the fall of CROX near $70 and then again at $55. The 50-d crossed the 200-day at $40. The stock is now at $29, another 25% lower and it may drop further.

Look at SHLD – 50-d crossed the 200-d at $170 in July (short there). It now trades at $90-$99. If that’s lagging, sign me up!!!

]]> By: chris II http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/comment-page-1/#comment-16251 chris II Sat, 26 Jan 2008 07:31:09 +0000 http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/#comment-16251 Any tips in O'Neil's book on how to avoid the pitfall of thinking you're jumping on a strong downtrend when in fact you're just going short at the bottom? The charts above are a bit misleading because they come from the Bubble Years, which a look at any 25-year chart of the S&P500 will show were truly extraordinary (especially for tech and I-Net stocks) and, thus, not representative of what the average person may encounter. With that said, the 50-day SMA on the S&P500 crossed below the 200-day SMA just before X-mas, and we all know what's happened since. Sometimes, though, by the time that's happened all the air has already been let out -- because MA's are lagging indicators. Any tips in O’Neil’s book on how to avoid the pitfall of thinking you’re jumping on a strong downtrend when in fact you’re just going short at the bottom?

The charts above are a bit misleading because they come from the Bubble Years, which a look at any 25-year chart of the S&P500 will show were truly extraordinary (especially for tech and I-Net stocks) and, thus, not representative of what the average person may encounter.

With that said, the 50-day SMA on the S&P500 crossed below the 200-day SMA just before X-mas, and we all know what’s happened since. Sometimes, though, by the time that’s happened all the air has already been let out — because MA’s are lagging indicators.

]]> By: Chris http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/comment-page-1/#comment-16208 Chris Thu, 24 Jan 2008 14:07:13 +0000 http://www.chrisperruna.com/2008/01/23/setups-for-selling-stocks-short/#comment-16208 Jacap, The inverse ETF's closed yesterday with gains of 13.42%, 15.43%, 22.31% and 18.76%. PSQ has the 22.31%. It looks late to get in now for proper risk/reward but don't forget about them. I may do a post about these again tonight. They have been excellent performers since I wrote about them : http://www.chrisperruna.com/2007/10/17/inverse-etfs/ Jacap,
The inverse ETF’s closed yesterday with gains of 13.42%, 15.43%, 22.31% and 18.76%. PSQ has the 22.31%. It looks late to get in now for proper risk/reward but don’t forget about them. I may do a post about these again tonight.

They have been excellent performers since I wrote about them : http://www.chrisperruna.com/2007/10/17/inverse-etfs/

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