Hi all. Volume is very light today, as was for the past week. This is the holiday trading effect. I believe today’s up-day on the market presents us with a good opportunity to open up new shorts. Right now I am aggressive short niche-consumer products like TPX. Go for high-end retail like Coach, Inc. [[COH]] (with conservative stop at 37), or Tiffany & Co. [[TIF]] (conservative stop at 44.70), and Blue Nile, Inc. [[NILE]] . These are all trading near highs, however a significant pullback is imminent on them due to volume decline.
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Agreud!