You should have had a pretty good profit on WM before, but holding should be OK, just don't stay in it above 40. I am betting that by the time we take out all the puts on the QQQ tonight, the actual P/C ration will be well under .50. Because of nice gains on some swing traders and the double position in PII, I am up to 70% cash here, and for where we are, I feel comfortable with that. You also would not have been hurt with KO and EK, JNJ and MRK should actually be green for the shorts.
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