Friday, January 21, 2005

Book of the Week

Just scooped up 'How to Make Money Selling Stocks Short' and basically finished it on the subway ride back home. The book relies strictly on technical analysis to decide which stocks should be shorted. The usual shorting indicators are here: climax runs, double tops, deranged cup and handles, broken support levels (like the 50 DMA), and the infamous head and shoulders chart formation(s). I enjoyed the book very much and my only complaint is that it is not long enough, but as they say, sometimes pictures speak louder than words.

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