Great Trades

Great stock trades based on fundamentals and technical analysis.

Wednesday, February 04, 2009

 

Adding More Shorts

With the Nasdaq still up, our trading model is adding 20% Nasdaq 100 and 20% Russell 2000 short to get to 100% short. Today's failure to break through key resistance leaves the market susceptible to significant weakness in the near term.

Open Positions: 15% short S&P 500, 35% short Russell 2000, 15% short Dow Jones Industrial Average, 35% short Nasdaq 100

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