By Josh Hayes on December 2, 2008
After today’s impressive, yet still extremely volatile, intraday rally, it should be clear to everyone that with a close at the HOD that there were not many stocks in the short scans. In fact the high priced volume scan had zero stocks in it and is getting thinner and thinner as the amount of stocks [...]
Posted in Free Archives Shorts
By Josh Hayes on December 1, 2008
While I am very upset that the market had such a violent rally on lower volume every day last week that ended up knocking me out of my beautiful CHD short. That was a near-perfect setup and an insanely volatile market killed it with low volume. Now that the trend is back in effect, the [...]
Posted in Free Archives Shorts
By Josh Hayes on November 28, 2008
With yet another low volume rally the market is getting ever closer to the indexes 50 day moving averages which might be the first line in the sand for this market. If the market fails around this level on higher volume, we will surely be putting money back to work on the short side. However, [...]
Posted in Free Archives Shorts
By Josh Hayes on November 26, 2008
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. [...]
Posted in Free Archives Shorts
By Josh Hayes on November 25, 2008
Well, one of our recent shorts slightly reversed and appeared to be getting slightly bullish as it neared its final cover level (a close above the 50 DMA). However, today’s session has completely wiped out any possible bullish pattern the stock tried to get going and now looks like what a perfect short setup would [...]
Posted in Free Archives Shorts
By Josh Hayes on November 24, 2008
There were not a lot of short opportunities today with the strong rally in the market but two stocks showed up as clear strong shorts. The first was CASY as it is putting in a horrible reversal on strong volume near the highs. The second was CPB which was breaking down below the 50 and [...]
Posted in Free Archives Shorts
By Josh Hayes on November 21, 2008
There were no new short positions for Monday as the stock market staged a pretty bullish reversal today. The reversal is no surprise here as the market was very oversold and I did have 12 partial covers of shorts that have made HUGE gains since I have gone short. This was my hint of a [...]
Posted in Free Archives Shorts
By Josh Hayes on November 20, 2008
Well at first, after getting done with both of my short scans I did not have any shorts. But then I have this one other test short scan that threw up 117 short possibilities in it and I decided to have a go at that scan. When I finished about 100 of the 117 stocks [...]
Posted in Free Archives Shorts
By Josh Hayes on November 19, 2008
There were 27 stocks in my main short scan and there were more than just these two stocks that looked like good shorts. However, there were either slight flaws in them or they did not have a previous large uptrend that they came from to work off. Stocks like IBOC, TRMK, VR, BJ, AWH, and [...]
Posted in Free Archives Shorts
By Josh Hayes on November 18, 2008
It was yet again another nasty day by mid-day and things did not look good at all but that quickly changed as the market took off from the lows, turned around, and prices rallied for the rest of the day closing in the green, across the board. This excellent action in the market caused a [...]
Posted in Free Archives Shorts
