ORIONS Money Stocks

[Monksdream]

When it comes to the ups and downs of stock prices in the short term, however one may wish to define short term, most stocks can be shorted, although it may be hard to find shares to borrow in certain circumstances.

It goes from 8 to 10, and no higher, for example. Then traders seize on the opportunity that the momentum and enthusiasm has pooped out. So they sell short. And it goes back to 8. They could have been long of the stock at 8 and sold at 10 and then went short.

It was Richard D. Wyckoff, one of the early proponents of technical analysis of stocks and commodities in the incredible 1920s stock market decade who said you couldn't call yourself a trader unless you both went long and went short.