With today’s amazingly bullish session on extremely low volume, it should be no surprise that not even two handfuls of stocks showed up in the main short scan. The stocks that did show up were nowhere near the quality of what a good short should be so it is best to just not force anything. Especially since these low volume short-covering rallies are so dang violent (just like always). ROH and PSD were two stocks that showed up in the short scans that could possibly be future shorts with more breakdown work. EFU and SDS were two ETFs that looked like they could be shorts. I don’t play that game but am throwing it out there for those of you that do. Happy Thanksgiving and I am very very very thankful for every wise person that reads this blog entry every day. You are surely doing much better than the overall market. Happy Thanksgiving!
new short positions: none
none
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