shorting the market

  1. 4,005 Posts.
    is a goer.. but something strange is happening, it is only a handfull of the top 20 which are going to fall and the second tier stocks will remain steady. i think the main reason here is they are fully valued.

    on my short list... ANZ, CBA, WBC, WOW, MBL

    I would not short RIO, BHP, IAG, AMP, CML, SUN, TLS, QBE, SGB which may prop the XJO.

    WPL, AWC, FGL, RIN, WDC & WES.. could also be goers for some downside, if that's the case they will drag the XJO down after bouncing down from a double top.

    This is from a short term trading perspective. :)
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