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  • November 19, 2009 at 8:24 AM #16687
    jimmyle
    Participant

    Has anyone here try to short stocks? I put some money into grzzx on Tuesday. grzzx basically follows the stock market inversely. I know it is risky but just want to gamble a little bit.

    November 19, 2009 at 9:04 AM #484285
    DataAgent
    Participant

    Under the right conditions, shorting stocks can be very profitable. June thru Nov 2008 was a great time to short stocks. So was Jan-Feb 2009.

    However, the current trend is up. It’s been up since March. Why fight the trend?

    Picking a “major top” in an uptrending market is purely a guess. And guessing can be expensive.

    November 19, 2009 at 9:04 AM #484451
    DataAgent
    Participant

    Under the right conditions, shorting stocks can be very profitable. June thru Nov 2008 was a great time to short stocks. So was Jan-Feb 2009.

    However, the current trend is up. It’s been up since March. Why fight the trend?

    Picking a “major top” in an uptrending market is purely a guess. And guessing can be expensive.

    November 19, 2009 at 9:04 AM #485137
    DataAgent
    Participant

    Under the right conditions, shorting stocks can be very profitable. June thru Nov 2008 was a great time to short stocks. So was Jan-Feb 2009.

    However, the current trend is up. It’s been up since March. Why fight the trend?

    Picking a “major top” in an uptrending market is purely a guess. And guessing can be expensive.

    November 19, 2009 at 9:04 AM #484910
    DataAgent
    Participant

    Under the right conditions, shorting stocks can be very profitable. June thru Nov 2008 was a great time to short stocks. So was Jan-Feb 2009.

    However, the current trend is up. It’s been up since March. Why fight the trend?

    Picking a “major top” in an uptrending market is purely a guess. And guessing can be expensive.

    November 19, 2009 at 9:04 AM #484824
    DataAgent
    Participant

    Under the right conditions, shorting stocks can be very profitable. June thru Nov 2008 was a great time to short stocks. So was Jan-Feb 2009.

    However, the current trend is up. It’s been up since March. Why fight the trend?

    Picking a “major top” in an uptrending market is purely a guess. And guessing can be expensive.

    November 19, 2009 at 1:13 PM #484402
    scaredyclassic
    Participant

    http://www.prudentbear.com

    November 19, 2009 at 1:13 PM #485258
    scaredyclassic
    Participant

    http://www.prudentbear.com

    November 19, 2009 at 1:13 PM #485027
    scaredyclassic
    Participant

    http://www.prudentbear.com

    November 19, 2009 at 1:13 PM #484571
    scaredyclassic
    Participant

    http://www.prudentbear.com

    November 19, 2009 at 1:13 PM #484943
    scaredyclassic
    Participant

    http://www.prudentbear.com

    November 19, 2009 at 5:02 PM #484983
    Anonymous
    Guest

    Shorting at this point is a lot less risky than being long any stocks given the market just ran up 70% on no good fundamentals.

    Better to use ETFs to short the market, try http://www.proshares.com/

    November 19, 2009 at 5:02 PM #485297
    Anonymous
    Guest

    Shorting at this point is a lot less risky than being long any stocks given the market just ran up 70% on no good fundamentals.

    Better to use ETFs to short the market, try http://www.proshares.com/

    November 19, 2009 at 5:02 PM #485067
    Anonymous
    Guest

    Shorting at this point is a lot less risky than being long any stocks given the market just ran up 70% on no good fundamentals.

    Better to use ETFs to short the market, try http://www.proshares.com/

    November 19, 2009 at 5:02 PM #484611
    Anonymous
    Guest

    Shorting at this point is a lot less risky than being long any stocks given the market just ran up 70% on no good fundamentals.

    Better to use ETFs to short the market, try http://www.proshares.com/

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