JVan

Four Points on the 'Great Short Trade'

I find myself in agreement with wpdragon. The shorts are in bad shape, and anyone who has traded awhile knows better than to fight the tape. With a bit of common sense about buying low and selling high within the support-resistance ranges of stocks that are in good uptrends, you should be able to make money in this market.

There are bears who write about everything that is the matter with the economy--and we learn a lot from them. But I never met an actual person who made money in the market without some optimism in reserve. There are enough green shoots sprouting these days to put me in that camp.