Got caught with this one. Boy I hate when I do that. Broken, sell on a bounce - or can this one still run in a rally?
Nice to see you back. FWIW, some of us were smiling picturing your broker fielding phone calls. How many did they assign to you, or did you just stop trading? <g>
I am closing all shorts positions on Naz stocks as the day goes on. Dead cat bounce exists somewhere in next 2 days and the risk to short is much greater at these new levels. Wildcard is how much have the MF have borrowed ST to hold stocks vs liquidating. July's expiry was wicked. I am having some realization that AUG will be similar but 3-4 PM today will be indicative of which way market is going.
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