Christian:
I think you're missing my point. What I'm saying is if you want to take a shotgun approach (shorting a list of stocks across the board) it's much, much better to short the Daily Troubles since they are more likely to go down and should go down more than the Daily Doubles. Yes, you're going to find some great shorts on the Daily Double list like......
Equimed, a famous stock which has apparently delisted from the naz (ho-ho!). YHOO seems to be not split adjusted.
(Pardon some shameless self-promotion ---->
exchange2000.com 
Yep, EQMD was banished to penny stock hell some months ago. Sad, so sad to see that one go.)
....but you're also goin to run into some buzzsaws like BBY and JTAX.
If you're going to take the rifle approach (cherry pick potential shorts off the DT or DD lists) it is also better to look at the Daily Trouble list.
The DT list underperforms the DD list so the odds favor finding the better short on the Troubles list. Something that's already been cut in half is more likely to keep going down than something that just doubled. If you're having a hard time getting your arms around that concept don't worry about it, most people think that way.
By concentrating on stocks that have already been cut in half you automatically increase your odds of finding profitable shorts.
Best of luck,
drakes353 |
