Me too Flem ... no idea at the moment. I opened 10 shorts in May, so far only TLS and WBC remain open, but they are both a little in the red. I made an excellent profit with my ANZ short and a reasonable profit with BSL. However, the ANZ and BSL profits were wiped out with small losses in the others to be slightly red overall.
What to do now? I have several stocks on short watch, and a few on long watch. With the SP500 bouncing off highs I am not keen on new long trades atm, but I might open new shorts later on in May, maybe next week. Alternatively I might open another 5 or 6 short trades, but with a couple long trades as pseudo insurance.
Maybe I should just take up day trading for a while, but with my time schedule this approach is not practical.
