How long do you hold positions ?
Have you been scaling into shorts for awhile ?
BTW, my longterm charts like that $VLE are for market context only. Context being: I'm a Rydex swing trader, and at this point, I'm not scaling in for "the big one" unless I see resistance once again broken, complete with aggravated divergences (a blowoff if you will). Under those conditions, I'll look at the odds for scaling in and holding onto a swing short. Should a real reversal happen before that, I'm going to miss the initial thrust, and most likely the entire 1st leg of it.
I got well-doned by the 6/29/06 jobs report, so all shorts I've taken since then have been pint-sized, infrequent and aborted within 24 hours. All of them have been strictly for the purpose of initiating a possible scaling in of a swing short position, and not for the big or quick profit. Honestly, the short side of my trades since then were in the hole between until 2/27/07, which got me evened up on them. I've done only one other small overnight short since then for a tiny profit.
As it stands this weekend, I'm flat except for a strengthening dollar position I took on Wednesday. Kind of a proxy for a short position, but there's a little more to it than than.