Too Short... or not Too Short?

You always hear about buying opportunities in the major stock news. Why don' t we also hear about shorting opportunities? After all, going short and going long are just the opposite sides of the same coin. It is true that in the long run most stocks and ETFs in the US markets have gone up, not down, but in a bear market such as this programs should not only provide stocks to buy but stocks to short. If only the world made sense... oh well... here on the 'Rose' we have no problem pointing out potential shorts if we (that would be me, myself, and I) come across them. I was looking through some ETFs and I came across the three below.

They may all be primed to short... as they have been the beneficiaries of the money being sucked out of my fertilizer stocks (which I have continued to go short with now as hedges... though I think we may get a short term move up here perhaps... so I use buy to cover stops)... and sucked out of many of the other commodities that actually are making money.

We have a very nice island reversal set up on RXL, We also have QLD bouncing off of the 200 after a large move up... this could be a nice short for a while... and then we have UCC... those consumer stocks that we all know are going to have strong earnings going forward... (not).
These are hot right now so I expect some short-term movement down but I will use buy to cover stops and take profits if they are there on these... Xmas retail consume spend right!

BYW... Wachovia laying off jobs... the UYG chart is quite bullish here.. I am curious if the computers will care or if UYG goes up anyway tomorrow?
These are not recommendations. Just heads up for your further research and personal touch.





"The Yellow Rose Street Beat" is for informational purposes only. It does not give investment advice.