Sell Short: A Simpler, Safer Way to Profit When Stocks Go Down

by Michael Shulman

• ISBN13: 9780470480212
• ISBN10: 0470480211
• Format: eBook
• Copyright: 2009-03-01
• Publisher: Wiley

Summary

Praise for Sell Short"I know of no other book designed for the needs of the individual investor or trader looking to make money on a broken company or market segment. He turned shorting stocks from something many see as 'the dark side' of investing into a great way to make money in any market." -Toby Smith, panelist, Fox News Channel's Bulls and Bears and founder and editor, ChangeWave Investing"Sell Short is a great book for anyone who wants to be able to trade all markets. Michael uses sound option strategies to show how to play from the short side with limited risk and that's what investing and making money is all about: controlling risk! Sell Short isn't just a guide to trading-it is a complete method for identifying opportunities and managing a portfolio. I'll bet we all wish we'd read Sell Short last year, but trust me, these strategies work in any market!" -Jon "Doctor J" Najarian, Cofounder, OptionMonster.com"Michael's approach to shorting stocks proves that solid research in uncertain, volatile markets does pay off. In a world of congenital optimists and crowded with long-only advisory services, Sell Short is a terrific primer for all investors seeking to make money on both sides of the market." -Bryan Perry, editor, Tactical Trader and author, The 25% Cash Machine"The events of the recent past have shown that this book is overdue. Michael Shulman shows traders how to focus on individual stocks and sectors that are underperforming and then profit from them. An invaluable tool to complement any investor's trading strategies." -Gerald Scheinman, Alcyone Capital Management, LLC"Michael has been spot on about the financial and economic crises for more than two years, way ahead of most in the financial industry. He tells it like it is, avoids the fluff, and has an uncanny ability to zero in on the critical aspects of the issues. He writes easily, with clarity and humor-and a reader always knows where Michael stands on an issue or how to execute a trade." -William Hyman, Investor"Both institutional fund managers and retail investors will find Sell Short profoundly informative for identifying multiple ways to approach protecting downside risk in a portfolio as well as simply making money on the short-side. As a long-oriented fund, the downdraft of 2008 made it abundantly clear that everyone needs to have a deep base of 'short' knowledge in order to generate strong returns. Shulman's book should prove invaluable to novices and experts alike." -Jon Plexico, Stonepine Capital LP

Table of Contents

Introduction

The Schadenfreude Component of Your Portfolio

How Shorting Works

The Case for Puts

Prospecting for Gold in Fading Stocks

Technical Indicators-You Gotta Love This Chart

Creating a Position

Going Short the Traditional Way or Borrower Beware

Shorting a Market Segment

Creating the Great Segment Trade

Shorting the Indices-Only the Big Ones. Please

Managing a Position or Everyone Has a Plan Until They Get Punched in the Face

Shorting Commodities and Real Estate

Shorting a Country

Shorting in a Bull Market

Advanced Trading Techniques

Case Studies-Ruby Tuesday, the Bear, and the Home Builders

Glossary

About the Author

Index

Table of Contents provided by Publisher. All Rights Reserved.