Selling At All Time High

Shorting an asset has the same ego dynamics. The market can take prices to levels on the up and downside that defy logic, reason, and rational analysis. There are many instances where prices rise to levels that make no sense.

Selling short and ignoring the power of the trend is dangerous and could be disastrous. Just because a market price rises to a high, does not mean it cannot go higher, a lot higher.