Australian (ASX) Stock Market Forum

ASX 200 stocks to short

Re: ASX200 stocks to short

If this rally flops tommorrow or next mon then there will be plenty of good shorting opportunities coming up. Heaps of downtrending stocks that have come up over their 10 day MAs. I will be looking for down turns to get more tickets on the Bear Train.
Even if the market starts going sideways then the definate downtrenders should continue south.
 
Re: ASX200 stocks to short

Have gone short AMP this morning. Looking for a continued drive down. Still a long way from support >10%. And the entire financial sector still looks stuffed.

Looking OK so far.
 
Re: ASX200 stocks to short

I have shorted ERA after a gap up yesterday on open and a gap down on today's open, which is a reversal signal.
 
Re: ASX200 stocks to short

Too early to tell. Could be a double bottom, or it could a H&S forming. Either way, in this environment for the financials, it's probably an opportunity to lever in.

Isnt the time between troughs usually at least 4 weeks? Whereas this is only a 3 week timeframe, making the chances of a double bottom unlikely.....
 
Re: ASX200 stocks to short

Isnt the time between troughs usually at least 4 weeks? Whereas this is only a 3 week timeframe, making the chances of a double bottom unlikely.....

I'm looking at the bottom from yesterday. Looks more and more like a H&S here though.

It will depend if the big players are prepared to go lo into the weekend or not, as to where this ends up, and a lot of other stocks today. Especially the financials...
 
Re: ASX200 stocks to short

I'm looking at the bottom from yesterday. Looks more and more like a H&S here though.

It will depend if the big players are prepared to go lo into the weekend or not, as to where this ends up, and a lot of other stocks today. Especially the financials...

Yeh, isnt that only 15 trading days from the bottom on 22/01?

Definately looking more like a H&S if anything, just need the right shoulder to form.

Though, I dont think its likely considering the way the financial sector has acted lately! Its definately taking the brunt of this action!
 
Re: ASX200 stocks to short

hey all, any new news on stocks to short. Will hopefully have some news of my own soon.
 
Re: ASX200 stocks to short

in the short term the big miners as dividend season approaches money will start flowing into the higher yield stocks eg banks
 
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