Joshua Hayes'  Instablog

Currently the Big Wave Trading portfolio is long 3 inverse ETFs, long small positions in 4 stocks, and short 20 individual stocks with one being heavily weighted in one leading stock of the past rally that is topping out. The inverse ETFs are used in my retirement account to profit from bear markets (currently 100% invested) and are used to put any cash on the sidelines in the regular portfolio to work if new short setups do not appear. Big Wave Trading always cuts losses as fast as it can when we are wrong. Big Wave Trading never holds on to a losing stock. We sell it or cover it immediately, no questions asked. Subscriber audited results for 2010 and 2011 can be found on our website.

Top Current Holdings (all shorts) – Total Returns – Date Of Signal

ANR – 62% – June 2nd
BKD – 44% – July 26th
GBX – 41% – July 27th
TTM – 40% – May 17th
BCS – 40% – June 6th
HIG – 36% – July 14th
MTH – 33% – July 14th
DOW – 32% – July 27th
BAK – 30% – September 1st
GES – 28% – July 12th
NIHD – 26% – August 4th
PMTC – 26% – July 27th
BX – 23% – August 2nd
ROVI – 20% – July 28th