There you go again akfarnorth. Never any direction? I go short AND long . That is my system. Sorry if it doesn't agree with your system which is always SHORT as far as I can tell. At least I admit when I'm wrong and don't have to start bashing a stock, a company , or other people when things don't go your way.
The goal is to make money, but to do it with integrity.
<Tiger is a plant, lots of beautiful words but never any direction, opinion for 1, 5, 20, 30 day stragedy. Take a look at CLR, NETL. Don't get bogged down on the daily expectation of any of these. Figure out a system and stick with it...It is your only hope. >
BTW...as you probably know, shorts offer an excellent addition to the market, and that is why the rules have been relaxed over the years.
When the market gets ahead of itself with extreme over exhuberence, it is the shorts that temper the sometimes complete nonsense. Likewise, when the market is falling, shorts help to buffer the drop whereas there is a place to escape if your position has turned against you.
I also trade long too, but at times it is easier to recognize a good short than it is to find a good long position.
I'll be watching to find a sweet spot here, and if it advances much more will short it.