so you want to short the winners, the companies that have consistently shown significant growth year on year, and you want to go long on the sector that is constantly in labour strife, production issues, rand sensitivies, Eskom standoffs, nationalization targets and all other good things. LEt me know how the strategy works for you!
yes, indeed. The main aspect of trading the markets = managing FEAR vs Greed. Retailers Traders over positive and Resources over negative. You see I like to move away from the crowds ... So i'm aim at part of my derivatives portfolio: * Short (50%) = SHP; WHL; MPC; TRU * Long (50%) = SOL, BHP, AGL, EXX
Im not someone to knock someone elses system but I do wonder if you've looked at everything...eg WHL is up on massive volume yesterday, all the shorts are scrambling to get out. Your also trying to catch a falling knife with resources and do the opposite with retailers.
Wouldnt it be better to wait for a sign of a reversal on either first?