Short Selling-Long/short strategy

[burd]

     Short selling stocks is not talked about that much but it can be a great hedge against a market downturn. A long/short portfolio can greatly improve performance while decreasing volatility. I am looking to add some short positions to my portfolio would like to know if anyone has read any books or internet sites on short selling. I know all the basics and risks but need something like the superstockpicker overvalued stocks or high PEG stocks. If anyone has any success with short selling please give your thoughts.

[bryanmcn]

I have shorted from time to time but not recently. On average the markets go up more than they go down. You have limited gains when shorting and unlimited losses and you can't short in an RSP account.
I do agree shorting has its advantages. Rather than holding cash in a down market it is a viable strategy.
Whats been your success ratio?

[poopeepants]

Shorting a position strategy like ssp is no good.  I short in my swing trading and used to short in day trading.  Also, shorting is not a capital gain or loss according to the tax man.