Short Picks - Down to the Ground.

[eliteG]

HAS - triangle break, NYSE
***check out these negative divergence short examples

[eliteG]

CCBL - stopped out
everyone else looking good...especially CHKP..

[eliteG]

taking ERES off list...hammer and doji at supprt...probability not good for a continued move south.

The rest lookin great!

HAS - no trigger

The in-play shorts are:
DCGN
CHKP
CMVT

[Pirus]

Good idea to come up with this board. A lot of us like to short the market at differnt times.

[setravis]

I'm going to leave that short picking and play to you eliteG.
May be I can learn from you.I'm just a bull by nature.

[spalooky]

Elite-

Have you given a look at AAPL? I shorted some recently and covered Friday for a small gain. It has that rounding top with crumbling-like weakness on the right side like I remember with ADCT some years ago. Characteristic of distribution, IMO.

Let me know what you think

PS I love the short thread inaddition to the long

[eliteG]

pirus - thx  , feel free to post something you think might be weak

setravis - I'm glad you're checking this stuff out...shorting can be quite a tool.

spalooky - good to hear from a fellow shorter.  nice play  .  In fact I see it a great short now.  I'll post the chart and hope to hear comments. (applaud) thx. 

[Ramsburg]

"There is only one side of the market and it is not the bull side or the bear side, but the right side."
Jesse Livermore

Hi EliteG,

This quote from Livermore, just says that we should look into short investments just the same way we look to long positions

Great initiative !

PS: About the black charts, I find them the best for technical analysis, I've been using them a few years ago

[eliteG]

thx Ramsburg 

gonna add CSGS, CNET and ALGN(again) to the possible short list(GNSS, APCS, CYBS on short watch too).  May not have time to get the charts up.  I will get a spreadsheet up and running to show the entry price and stops I am using.  Hopefully this'll end up..er down  good.  Good trading everyone.    

[calven]

My Short pick.... TPL!!!


TRIPLE TOP!!

Stop loss: $178.00

[eliteG]

man thats a beautiful chart calven, but and its a big one...volume of 2300 on fridays session?.  Definately cannot short that.  I look for at least 300k when shorting and I prefer over 500k.  I'll definately watch it, though, thx. 

[amperstand]

  EliteG,

Thank you for all of your DD and charting expertise.   I like the chart formations of the stocks you selected for going short.

Of all the selections, I liked the CMVT as the stock for me to short tomorrow.  Stochastics are headed down and the Money Flow Index is falling pretty well.

amperstand

[eliteG]

  amperstand,

Thanks very much.  It sounds like you know what you're doing.  CMVT looks like a strong short(i checked on the money flow, nice  )   here come some more...

[eliteG]

CSGS - this is what I see

[calven]

Oh wow thanks for pointing that out (the volume). I wasnt even paying attention. The chart grabbed my attention so fast...