A Week Without Stopping Out of Any Shorts

by: TraderMark

The technical setups in these charts have thus far kept me from losing much on the short side - highlighting an advantage of shorting weak stocks rather than indexes that are currently on meth. The Russell 2000 is on track for a 15% gain in a month (double the S&P 500 return in that time)... that's usually a good year's worth of returns. (Click to enlarge)

With that said, I can see Magical Markup Monday across the bow, and I am almost guaranteed to be stopped out first thing Monday morning. Will they have no shame and mark us up yet again in premarket after a huge week?

I'll keep the flag posted for the few bears that still have tufts of hair remaining that have yet to be scalded off by the powers that be. Monday morning, I shall take those stop losses with dignity...

On a serious note - the market has to go down at some point. Right? (Someone call Larry Summers and ask.)

Disclosure: Short all 3 names above for some crazy reason in fund; no personal position

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