The Little Market That Could

by Ryan Mallory

I couldn't be more excited about my prospects for the shorting this market than I am right now, with the market staring down the barrel of two percent gains, I just need those bulls out there to keep telling themselves "I think I can...I think I can". As it stands right now, I am looking at tomorrow morning, assuming we can get some follow through on this market, to start putting some capital to work and shorting the pig out of this market.

My top prospect at the moment is Coca-Cola (KO) as they are up over 4% on positive earnings, but I also have my eyes on Avon (AVP), JP Morgan (JPM), Rambus (RMBS), Alcon (ACL), to just name a few. To see the rest of them, check out my post from last Friday where I detail my top 30 short plays with the stop-loss included.

Ideally, I would like to start to putting on my short positions in the mid-to-high 1080's on the S&P. Check out the charts below.

Click Here to See the S&P and KO charts