Seven Left Behind

compelling charts that aren't yet shorts

I organize my trading world by way of the watch lists in SlopeCharts. I have one list called Bear Pen, which is where I keep all the equities that I believe are good short candidates. When I create actual positions, I do not remove them from the Bear Pen but instead put the same symbols in a different watch list called X-Puts.

There is almost always a set of leftover symbols in the Bear Pen which are promising shorts but, for one reason or another, aren't live positions yet. Below are those seven symbols and a few words about why they aren't actual positions at this time.

The first of these is Advanced Micro Devices, which threw off good profits for me, but which is so horribly oversold that I don't want to stick with it. If the semi sector gets a big bounce, I'll cheerfully go back in.