George, what's wrong with gradually rebuliding short positions? There are plenty of stupid stocks which are back to stupid prices. I am not suggesting going short 100%, but why not to add short qcom to the core at 35?
In addition we are overbought and some decline is likely
"would never dream of shorting a market like this."
4 straight up days, a 15% move in all major indices without a positive catalyst in a historic bear market... there was a good chance this rally was exhausted even without the INTC booboo
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