I always find it interesting that some posters 'specialise' in looking for shorts. Maximum to be made is about 99% gain on your money and maximum to be lost is anything if silly enough to trade without a stop loss.
Looking for long oppotunities on the other hand has the a downside of 100% with no stop loss and upside of anything.
Even in the worst bear markets there is always something going upsubstantially - and even easier to spot.
I guess being able to go long or short is useful for those that trade the same stocks or other instruments. I would much rather look around for longs and give myself the oppotunity of making 100%+ gains and not be short and be shaken out anyway by the sharpest rallies of all that occur where shorts cover.