Classically Trained, for the Revolution

Monday, May 18, 2009

Expanded List of Eligible Shorts

I'm still calling this an Expanded list, but today's rally knocked-off quite a few groups. The updated screen is based on industry groups demonstrating declining relative strength and the individual names within come from me looking over a thousand or so charts (which is why I'm about to get bitter). This is my working list for potential shorts. It is only a list. Don't go shorting any of these, let me have them to myself. Didn't you notice the market is rallying? Did you think you can short this market and actually make a profit? Wise guy.

My favorites off the top, here and now, are: SKYW; HA; HAS (HASbroken); AIPC; NCI; DOX (enter below 21.31); ACIW (thin); a handful of the auto-equip makers and almost every medical-related name below (ONXX, OSIP, GILD, BAX, etc.).

But don't do anything I do - don't even bother to look at this thing. Get a job, come home and watch re-runs of Cramer for picks. At least you'll still have a check to cash.

Expanded List of Eligible Shorts (from industry groups declining in relative-strength):

Transportation-Airline:
SKYW
HA; 436% debt
UAUA
LCC
CAL; enter below 10.82; 999% debt
AMR
DAL; 999% debt
ALK

Transport-Air Freight:
UPS
FDX

Auto/Truck-Original Equip:
GNTX
BWA
ALV; enter below 26.48
MGA; enter below 31.05
WBC; enter below 17.34
JCI

Commcl Svcs-Schools:
STRA; 27% short int; 1.1% yield, ex-divd 22May
EDU; below 56.00
DV
APOL
ESI; 12% short int.
APEI
COCO; 16.5% short int.
CECO; 13% short int.

Leisure-Toys/Games/Hobby:
HAS
MAT

Food-Flour & Grain:
AIPC; enter below 28.50

Medical-Biomed/Biotech/Genetics:
ONXX; enter below 26.72
OSIP; 13% short int.
GILD
ALXN; 10% short int.
CELG
GPRO
MYGN
CBST, enter below 16.65
VRTX; 11% short int.

Medical-Products:
BCR
BAX
MDT; reports 19May, b4 open

Medical-Nursing Homes:
SUNH, 179% debt
KND

Medical-Whlsle Drug/Supply:
MCK
CAH

Commcl Svcs-Healthcare:
RX

Computer-Sftwr-Medical:
ATHN; enter below 30.74; 17% short int.

Computer-Sftwr-Financial:
ACIW (thin)

Computer-Sftwr-Security:
SYMC

Computer-Tech Svcs:
MANT; enter below 40.37
IBM; enter below 106.82
DOX; enter below 21.31

Telecom-Svcs:
T
VZ
FTR
WIN

Leisure-Movies:
RGC; enter below 12.43
DISCA; enter below 19.00

Cosmetics/Personal Care:
CHTT; 17% short int.
AVP; below 25.48
WTW; below 26.53
IFF; below 32.58

Beverages-Alcoholic:
CEDC; below 25.15

Metal Proc-Fabrication:
BOOM; enter below 17.22
TKR; 2.3% yield, ex-dvd 20May
WOR; enter below 16.00
KALU; enter below 30.30
GNA; enter below 6.67

Machinery-Tools:
KMT; enter below 18.57
LECO
ATU; enter below 13.12

Commcl Svcs-Consulting:
NCI; enter below 15.00
WW
HURN; enter below 45.80; 12% short int.
FCN; below 53.50; 10% short int.

Aerospace/Defense:
NOC; enter below 49.40
RTH
BA; enter below 46.45

Aerospace/Defense Equip:
ORB
TDY
HXL; enter below 10.30
ESL

Electronic-Military Systems:
LLL; enter below 79.65
AVAV; enter below 29.76; 10% short int.
FLIR; enter below 26.65

Apparel-Shoes Mfg:
DECK
NKE; enter below 52.08
KSWS (thin)

Bldg-Mobile/Mfg RV:
WGO
THO

Bldg-Wood Prds:
WY
LPX; enter below 4.19

Retail/Whlsle-Bldg Prds:
TITN (thin)
FAST

Banks-Northeast:
PBCT
FULT; enter below 6.72
NPBC; 12% short int.
STBA; thin; 12% short int.
MTB; enter below 51.80; short int. 15%
VLY; enter below 14.00

Banks-Southeast:

SNV; enter below 4.25
WTNY; enter below 14.12
BPOP; enter below 3.65

Banks-Super Regional:
NTRS
KEY
RF; enter below 7.55
CMA; enter below 22.65

Financial Svcs-Misc:
HRB
NDAQ; enter below 20.20
AXP; 507% debt
EZPW; enter below 11.99
GPN; enter below 32.12
JTX; reports 28May, after close
PAY; enter below 6.84; 362% debt

Finance-Savings and Loan:
NYB; 14% short int.
HCBK; enter below 13.45

Insurance-Brokers:
AOC
MMC; enter below 20.45

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