Shorting Opportunity on FORD

FORD has been on my radar for 2 days and today's action is the signal for me to go short.

• It failed to break yesterday's high on large volume while Dow and S&P500 are making new highs; longs even could not push it through 9 which is a very bearish sign;
• It attracted little buyers' interests whereas shorts lined up all day long to accumulate their short positions in key resistence levels;
• Its up-volumes in the past few days were significantly lower than the previous ones (in Jan) which shows less money flows into the stock;
• Insiders have been selling since Jan and unloaded +20% of their holdings between 6.5 - 8.4; Stochastics are reaching overbought levels;
• NAS's and RUS's weak performances and inabilities to break out their bearish channels indicate that bears are still in dominance
• http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ford&sid=0&o_symb=ford&freq=1&time=6
• http://clearstation.etrade.com/cgi-bin/details?Symbol=ford&Refer=http://clearstation.etrade.com/cgi-bin/delisted_symbol%3fSymbol%3dfort%26Event%3ddetails

I will use $9.0 as my stop-loss to cover and re-open positions later if this happens. Otherwise, I'm looking at 7.6 as my short-term closing point.

Risk vs Reward : -3.5% vs +15%

Time Frame: Three Days