Focusing on Names With Short Interest
The challenges keep mounting for the bears. At this point, it all amounts to frustration and sentiment. The data do not matter. Outlooks don't matters. Earnings don't even matter that much at this point. Don't let it grind on you. At some point, the market will correct, but I doubt it will happen in a single day.
There is nothing wrong with taking some shots on the short side, but keep stops tight and positions around half size right now. If they start to work, then let them work. The biggest issues for the bears right now might be the failure to let the short positions to work. At the first sign of a profit, a quick cover for fear of losing a small profit is certainly something that is pushing the market higher....281 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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