Last few days in this bull mkt, I chose two stocks to enter, which were going down- phcc and fre. But, my timing was wrong for both of them. I like to take risk with stocks gaping down. My rational is people fear more loosing money than winning due to greed, and they usually oversell thier position. I bought fre at $50, thinking it is a support, but hindsight I am wrong. With phcc I bought at $21 thinking $20 is the support, but now it is trading at $19.50. I know that, shorting is better policy, but I am trying to learn like mutual fund manager, where shorting is not allowed. If I can figure out ( not exact point, but nearby) when the institutions and hedge funds move in to stabilize the falling price, or get out like mstr, I shall be successful. Any advice?