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re: Only 3 months average negative returns in the market. Two of them are August & September.
Posted on 8/2/23 at 11:18 am to JimMorrison
Posted on 8/2/23 at 11:18 am to JimMorrison
quote:
good luck with these plays. curious to know your price targets for these to hit and in what timeframes. I suspect you're going to get wrecked trying to short bullish indexes/stocks. there's too many dip buyers waiting on those names and you're going to face a lot of frustration as dips are bought and price trades sideways before a next leg up. volatility is suppressed and even if there is a spike in vol, it's quickly crushed as buying comes in. prime example: the trading days on Thursday and Friday.
maybe focus on actual bearish stocks if you want to go short in this market.
Nasdaq down 360.
Sounds like his shorts worked out great
This post was edited on 8/2/23 at 11:23 am
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