This may be elementary for most of you but I have found that using my rsi(2) and MACD scans works best for long term rising stocks, helping me to essentially buy on dips within an overall rise. The reverse has been true for me when shorting using rsi(10)EOD on stocks that have been falling steadily over the long term. Does anyone know a scan or resource website that would help me search for stocks that have fallen steadily over the long haul?? Many thanx, eb
52 week low would be a good screen...also think about more macroeconomic fundamentals like shorting real estate, and some of the industried that really shouldnt continue any type of rally. however...keep in mind that at this poit in time...you can really get shaken out either way hanging onto positions either long or short.