Sentences with phrase «initiating new short positions»

So, if it's too early to start buying stocks right now, but conditions are also not ideal for initiating new short positions, what is the best plan of action right now?

However, since most stocks are already too extended to the downside in the near - term, it is crucial to wait for a decent bounce before initiating new short positions (be sure to review this classic blog post for the key points of my short selling strategy).

Now that we are flat, our plan is simply to wait for the broad market to bounce into resistance, then initiate new short positions and / or buy inverse ETFs (as previously explained).

Rather, we prefer to keep our powder dry by waiting in cash for ETFs and stocks to rally into new resistance of key moving averages and prior lows, then initiate new short positions (or buy inverse ETFs after they pull back to support).