Despite the nasty selloff/pullback on FRI the facts tell me that volume was EXTREMELY low and such could have just been a one-day reaction. However, if it is not and a new downtrend is going to start, WE HAVE PLENTY OF TIME before we start shorting (do you all remember 2000-2002 or 2008 for newbies?–I hope so). If you go back and review those selloffs you can clearly see that downtrends of lower highs and lower lows developed before all hell broke loose and going short was extremely profitable. So for now, stop trying to predict what the market will do and live in the now. Your health and mind and bank accounts will thank you later. Some stocks in my scans that could be future shorts include JEF CEDC TUR BCS EDC.
new short positions: none
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