A Price That Could Be on the Line
There's been hearing increasing chatter lately that, if you're shorting stocks now, you're late to the game. That does hold true in some cases. For instance, I'm not interested in shorting Apple (AAPL) now after a 25% decline. However, plenty of compelling short setups remain that could offer more downside in coming weeks.
Sure, the market is oversold and will probably bounce at some point between now and the end of the year, but the move most likely won't amount to much more than a short-term tradable rally. A lot of technical damage has been done that will take more time to repair. The three-year-plus bull market is long in the tooth, and new leadership needs more time to come into focus....457 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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