I've covered about half my total short positions in a dollar sense. Would like to cover them tomorrow, on what I would hope/expect to see HMMJ sub 14. I've been aiming for the 200sma on several of them. Some are there, some have room to go.
I'll look to go long on a few soon, but it'll just be an attempt to profit on the bounce. I think after the short covering bounce, the sector will probably fade into silence.
So, short, cover, go long bounce, walk away for a while is the plan.
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