Sunday, April 29, 2012

Shorted a Second Stock

Last week, I shorted a second stock in our taxable investment portfolio.  I'm planning on shorting a third stock in the next couple weeks.  I don't understand how the market can keep rising despite earnings declines (that beat lowered estimates),  a looming rejection of the EU austerity program, and weak U.S. economy.

I know I'm going against market direction and expert opinion, which appears to support  a continuing bull market. So I'm either wrong or early and I expect to find out soon.

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This is not financial or investing advice. Please consult a professional advisor.

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