Best short in the market?

[spitrader1]

There is always alot of talk about what is the best stock to pick that is heading north, what about an open discussion on where if you could take a short position, or buy some puts, what be the stock for you??

 

[spitrader1]

There is always alot of talk about what is the best stock to pick that is heading north, what about an open discussion on where if you could take a short position, or buy some puts, what be the stock for you??

AWC?? hahahah

 

[Kauri]

Not the best by a long shot but it's working for me so far... BPT.

 

[pacer]

About time we had this discussion.... NEO if it was possible.....looking always, but not much around at the moment

 

[Ken]

i'll give you my port folio.

just go short on that and you will make a killing....

possible to sHORT ERA.. they have risen a fair bit surely correction due!

 

[Porper]

There is always alot of talk about what is the best stock to pick that is heading north, what about an open discussion on where if you could take a short position, or buy some puts, what be the stock for you??

I like the look of SYB today.

Very bearish divergence and humongous volume today, pushing up strongly. Rejection of higher prices and finishing on the low for the day.Looks an ideal short to me .................. so i did

 

[CanOz]

Not the best by a long shot but it's working for me so far... BPT.

Thanks mate, i just got out of a long pos. today.....Without making a quid! At least its good to know someone else felt that it was going anywhere but up!

Cheers,

 

[BSD]

possible to sHORT ERA.. they have risen a fair bit surely correction due!

Absolutely

Short ERA into every result announcement when they alert the market to the difference between the moonward bound spot U price and their long term contracted prices.

 

[champ2003]

Thanks mate, i just got out of a long pos. today.....Without making a quid! At least its good to know someone else felt that it was going anywhere but up!

Cheers,

Good to see BPT going up

 

[CanOz]

Good to see BPT going up

Its called the Canaussieuck effect....i sell it and it goes up!

 

[Sean K]

Not the best by a long shot but it's working for me so far... BPT.

Kauri, H&S not confirmed yet, but if it is, it might be surer play. Oil up overnight will make this stronger Mon. The Delhi deal is the only thing that has held this back really. Once that's sorted its heading higher, not lower. (pending POI, which is going to stay up IMO)

 

[Kauri]

Kauri, H&S not confirmed yet, but if it is, it might be surer play. Oil up overnight will make this stronger Mon. The Delhi deal is the only thing that has held this back really. Once that's sorted its heading higher, not lower. (pending POI, which is going to stay up IMO)

If the Possible H+S breaks its just icing on the cake. Original stop was at minor Wii, now at rise above minor Wc-Intermediate WB. Still trying to get a grasp of EW so take all of my theories with a pinch of salt. Not too concerned about the last 3 days price action as it has a very small range on light volume, When the buyers/sellers take control again will be when it will make a move, I think.
The fundamentals, POI are interesting, I don't take much notice of them as I don't really understand them in any depth,i.e with anns it is often what they don't say that is more relevant, time will tell if they lead price/volume or the other way. Either way, I have my stops set.

 

[Sean K]

If the Possible H+S breaks its just icing on the cake. Original stop was at minor Wii, now at rise above minor Wc-Intermediate WB. Still trying to get a grasp of EW so take all of my theories with a pinch of salt. Not too concerned about the last 3 days price action as it has a very small range on light volume, When the buyers/sellers take control again will be when it will make a move, I think.
The fundamentals, POI are interesting, I don't take much notice of them as I don't really understand them in any depth,i.e with anns it is often what they don't say that is more relevant, time will tell if they lead price/volume or the other way. Either way, I have my stops set.

I do agree that it's looking precarious. If H&S confirmed my target would be $0.90.

I'm a long term holder of this, so it's a bit worrying..

 

[Caliente]

Hi kauri, just noticed this short thread and your pick of BPT.

Just FYI my latest Merrill Lynch report has BPT moving north with a 12 month objective of $2.00/.

Of course shares can go either north OR south, but you might lose out on this one if you short BPT from here.

Best of luck/
Caliente.

 

[Kauri]

Good to see BPT going up

It's been a struggle but you will be pleased to know I've still got my shorts on, just........was that a collective sigh of relief

 

[Ken]

surely Telstra was shorted at $3.90 money in the bank

 

[Kauri]

surely Telstra was shorted at $3.90 money in the bank

I take it you mean that now TLS has fallen 7% odd you are claiming it..:dance:

 

[chops_a_must]

I would have been shorting ZFX over the last week if I wasn't holding it.

 

[Ken]

It was obvious Telstra shares were being bought so instos could get there allocations which drove the price up so much.

T3 is the preferred way of owing telstra.

not claiming it just seemed logical

 

[Kauri]

Not the best by a long shot but it's working for me so far... BPT.

BPT...
From post #3 on 1st Nov... still drilling down...