Part Two: 40 Short Setups And Their Stop-Losses
June 09, 2010
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RELATED TICKERS: CMLP
, IJK
, IGF
Alright folks here is part two - with part three coming shortly thereafter.
I'll say it again...there are lots of different rationales for why I have each of these stocks on the list, and even though I don't explain my rationale for each one (I'd be forever typing out this post if I did), I can break them down into three categories; 1) Price and volume pattern is intriguing 2) Stock has been heavily sold-off in the recent days or weeks, but still remains on the list for a possible short off of a weak rally, and 3) Stock is one of intrigue to me, such as Goldman Sachs (GS), so I keep it around in the case that there is a setup that is too good to pass up. Most of them fall under condition one, though.
Shoot me a question if you have any in the comments section.
Here's Part 2 of My Short Setups w/Stop-Losses