Does anyone use this technique? I have been wanting to try this but I am not sure if it would be considered shorting on a down tick. I have some stocks that I love to short but I quite often enter the trade too early in order to make sure I get filled before the sell off. My plan ...... Can go long 500 shares and short 500 of my chosen stock (equally hedged) then wait for exhausted run up to reverse then sell only long position (now 100%short) this sale of long will almost always be on a down tick while the sea of red has begun. When support is evident I would buy back my 500 long being neutral again. This neutral position could be held until the next confirmed sell off. I have read about bullets/ conversions using options for the short side of the trade but never about using only stock. I would not sell my short position until I was done playing this stock. Exiting the position would require the proper timing. Entry could be done on run up actually locking a profit into the 2 positions. The obvious draw back to this technique is that it would tie up twice the capital. Any advice would be appreciated.