It’s been said that there is an inverse correlation between the confidence a trader has and the outcome of whatever they are predicting. If that’s true, I should be awfully worried, because I am ungodly excited about what’s coming up very soon (probably next week). Simply stated, I think the floor is going to completely be removed from the market. Perhaps my good trading month in January is corrupting my thinking, but I don’t think so.
Anyway, instead of doing videos this weekend, I took the time (and it took a lot of time) to take images instead. I’ve got 88 – count ‘em – 88 positions. I have carefully selected my favorite 34 short positions and am sharing them: a little less than half of them for everyone, and a little more than half for subscribers.
So on with the show………..presenting your wall of shorts: Iconix (NASDAQ:ICON), InterOil (NYSE:IOC), KeyCorp (NYSE:KEY), Kronos Worldwide (NYSE:KRO), Meritage (NYSE:MTH), Norfolk Southern Corporation (NYSE:NSC), Orexigen Therapeutics (NASDAQ:OREX), Old Republic International (NYSE:ORI), and their charts: