I can give u SEVERAL signals to look out for, but my rule of thumb for figuring out if supply (bears) or demand (bulls) is simple:
if u cant tell that Bears are in control, then they are not.
Done. It's literally that simple. My only exception is parabolic (blowoff) moves.
if u cant tell that Bears are in control, then they are not.
Done. It's literally that simple. My only exception is parabolic (blowoff) moves.
Most ppl like to short strength or try to guess the top. The result, far too often they risk blowups just to make pennies or breakeven. I dont anticipate shit. I LET the stock SHOW me that it is weak, THEN I attack. I want to get in when bulls ran out of ammo. clean all day fades
A successful shortseller hunts like a lion. Dont be fooled by action packed and dramatic lion documentaries. REAL lion hunts are BORING. They dont attack the alpha Bull when he is strong & mighty. They WAIT for him to tire, to wear down, to exhaust. THEN they go for the jugular.
Or even better, they ignore him altogether & attack his retarded cousins instead. The weak, the limping, the frail. Yes, the alpha Bull may have more MEAT, but he also has some nice shiny ass horns aiming at ur rectum. U'll also take a LOT more injuries before finally nailing him
Stock selection is the same. If u cant tell that the Bull is weak, then u have no business hunting him. If u cant tell that a stock's spirit is broken, then that's ur cue to avoid shorting it. Conclusion, dont anticipate supply. WAIT for it, then simply follow.
#BearTipOfTheDay
#BearTipOfTheDay
