http://www.stocktradingtogo.com/2007/12/17/seeking-direction/ Investing Online Made Easy Fri, 20 Nov 2009 09:55:02 -0500 http://wordpress.org/?v=2.8.4 hourly 1 http://www.stocktradingtogo.com/2007/12/17/seeking-direction/comment-page-1/#comment-36126 The Investor's Journal Mon, 17 Dec 2007 15:33:48 +0000 http://www.stocktradingtogo.com/2007/12/17/seeking-direction/#comment-36126 Good point Jorge. I'm too concerned with the risk to go short on a specific stock in this volatile market, but I am shorting the general market with some SDS shares (ultra short s&p500 etf). Good point Jorge. I’m too concerned with the risk to go short on a specific stock in this volatile market, but I am shorting the general market with some SDS shares (ultra short s&p500 etf).

]]> http://www.stocktradingtogo.com/2007/12/17/seeking-direction/comment-page-1/#comment-36122 Jorge Mon, 17 Dec 2007 13:54:01 +0000 http://www.stocktradingtogo.com/2007/12/17/seeking-direction/#comment-36122 If GS fails this week, I'd expect everything else to come down with it. GS is by far the best brokerage firm currently and if they somehow disappoint, I could only imagine how bad things may be everywhere else. If RIMM falls, I can see folks like Cramer doing a quick turnaround which would cause it to fall even further. I think you're right... it may be a good time to lean short this week but don't play before earnings. Too easy to get burned I guess. If GS fails this week, I’d expect everything else to come down with it. GS is by far the best brokerage firm currently and if they somehow disappoint, I could only imagine how bad things may be everywhere else. If RIMM falls, I can see folks like Cramer doing a quick turnaround which would cause it to fall even further. I think you’re right… it may be a good time to lean short this week but don’t play before earnings. Too easy to get burned I guess.

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