his short system is not exactly the flip of CANSLIM - i don't want to ruin it but... some points:
he wants to short ONLY when the broad market is under distribution and he wants to be in lagging sectors. these are the opposite of CANSLIM i guess. he doesn't talk too much about fundamentals - EPS, ROE, etc.
he says look for yesterday's leaders to be today's laggers. he then puts a huge emphasis on technical analysis - failed cup with handles & head & shoulder tops. his entry into head & shoulders is different than what i've seen before (i won't ruin that for you).
he also likes to take quick profits, 20 - 30% ONLY rather than riding it. his only nod toward money mgmt was, be sure to set a profit objective at least twice as large as your stop/loss that way you can be wrong more often & still profit (paraphrased).
it's not bad - but his entry seems a bit convoluted & objective to me. i say, once you've identified a bear broad mkt, find a sector with bearish weekly parabolic SAR dot, then short weak stocks within that sector - ("weak" can be MA cross over, SAR dots, failed break-outs... whatever).
it's worth reading... not sure it's worth trading.
-ja
p.s. i don't want to ruin the ending but... the butler did it!
