Same as being long, just in reverse-short selling! Today's higher prices gave better entries into many of the shorts I've laid out recently. Still we have the problem of confirmation, but one thing to keep in mind, there are more up days in a bear market then down days....
Don't swing for the fences yet. This is a volatile time. Clean up those longs, take profits. I'd be oriented at least 50% of your invested portfolio on the short side and maybe 50% of the portfolio in the market.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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