Short Candidates
I saw on Fast Money they mentioned MA, Master Card as a short tonight. I agree. It came across my short screen.
JWN - Rolling over. I hate retail this month and so should you.
JCP - If 76 is taken out to the downside, JCP could see another 4-8 dollar haircut beyond that.
RTH - Looks [...]

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If you bought any FMD when I picked it in December 2005. My advice would be to sell while the gain stands at 160%.

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Shnitzel some profits in PCAR.
I said on Jan 25 2006 “Looking at PCAR and a breakout seems imminent. This stock traditionally bases for 1 year before moving to new highs **note $20 dollar moves.”
Well we got a $20 move or in the neighborhood of 34-35%. Take profits in it. Although not an official sell [...]

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I’m looking at picking up some PFE today. It is severely oversold.
If you by chance got into my CAB, Cabela’s call, then I would strongly suggest getting out. A gap up high on HUGE volume (thanks to a Cramer Mad Money profile last night) suggests this is a spot to sell into, not buy.

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I cut most of my longs from 100% down to 20% long today at the close. I expect 1 more up day and then some new highs and profit taking on Friday that takes the market down for that 1 day. The weekly NDX chart will show a buy signal by the close of Friday [...]

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My beta portfolio keeps swinging with not much action. The shorts are profitable again thanks to drops in MIND, ROSE, and FLDR.

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With the never ending bottom making the market is going through my beta portfolio is making money. Seems like a little amount for alot of drop in the market. Quite frustrating.
ROSE is leading the pack with a 7.57% gain and SCHK the losers with a 6.48% loss. These two virtually cancel each other out.
The other [...]

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I shorted these stocks per my beta system. Difficult trades as MIND had a big down day the day I had to short and then popped back up quickly. SCHK had the same scenario.
CLAY, FLDR, MIND, MKTX, ROSE, SCHK, USMO

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As I said in this post that CROX was a solid short. CROX is down another 4.5% today. 18%+ off those two days.

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The way the system works is I get a weekly buy and sell signal. Last Friday I got the signal and the technique is to short those stocks at the next open (which is almost always Monday unless the market is closed).
The stocks I shorted are:
USMO
OTIV
MKTX
MIND
REDF
FFEX
MDTH

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BBY had a decent report. I’ll watch the chart and see if I want to cover the shorts. If I do I’ll post.

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Took a short in BBY (Best Buy) rather than buying AOB at the close. Both systems have it on a sell.

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HANS - aka Hansen. The company that makes energy drinks, one of them happens to be Monster. This was last years story stock and my beta system just put it on a sell as of todays close. I may try to short it tomorrow depending on the morning action of the nasdaq.
Putting it on the [...]

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Well I’m in the mud with this ADAM position. I fell in love with it and it burned me.
At this point I’m holding on though. The rsi(5) has fallen well below 20 and I’m looking for a bounce within the next few weeks to exit my position.
The bounce should take us back to either the [...]

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Forgot to mention, that I shorted TXN, Texas Instruments, on Friday.
I am also looking at buying some calls on INTC. Interestingly enough.

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