SSS - Thoughts on the Short Side Early in the Day on Thursday, September 29th, 2011
|Published:||29 Sep 2011 14:29 ET|
This rally is quite shortable. The underlying action to the big upside index gap is negative as we see it currently with short-sale targets BIDU and SINA getting raked while other leaders like NFLX, AAPL, PCLN, AMZN, FOSL, etc. get slammed. Sit tight and wait for your downside profit targets to come into play. This rally is likely phony.
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