I am waiting for a dead cat bounce to re-short but I refuse to chase it down if we do NOT get that, and i refuse to short it even in a freefall even if it becomes a short at will stock
my trading principles dictate that I have to wait for a dead cat bounce before I initiate a re-short at a higher price. if i dont get that, oh well, it will be a missed opp, but oh well...
Sentiment: Strong Sell
Here's your chance.
"....my trading principles dictate that I ..."
I've read yer posts. You have no appreciable principles of which to brag.
You've traded off your gray matter for stray matter...
here's my most appreciated principle: I never buy stocks. buying makes me wanna puke. Shorting is the way for me as it guarantees that one never becomes a losing baggie