Find a method to evaluate stocksRdash; and build a record of impressive returns
Short Selling for the Long Term describes the methods used by Joseph Parnes, President of Technomart, to obtain consistent returns in the stock market. Most investors fail to exceed the returns represented by the Standard and Pooresquo;s Stock Index, but Parnes often does using his investment philosophy. This book outlines his method of stock assessment, providing an understandable formula. If the formula tells a reader to buy a stock, then, as explained, there is a significant chance that stock will go up. If the formula tells a reader to short a stock, then the book shows how there is a significant chance that the stock will go down.
Parnes advocates the use of short selling as a long-term strategy in combination with long positions, so advisors and individual investors alike can profit in both rising and falling markets. While most investing books focus on how to make money over the long term in a rising markets, Parnes's focus on short selling as a way of capturing volatility sets this book apart from the crowd. He offers insights into the difference between option trading and shorting which make his system useful in both type of markets.
aull; Profit in a bear market
hull; Borrow the stock you want to bet against
Jull; Sell borrowed shares
ull; Learn the secrets of long-term short selling strategy
mull; Buy shares back and close by delivering at the new, lower price
Short Selling for the Long Term is essential reading for investment advisors, fund managers, and individual investors.
