No, I would cover when your stop is reached, I have not looked at everything yet, but as of today, from the 9 to 10 "safe shorts I suggested in the last few weeks, none but SBC have breached the stop, and frankly, some of these stops were quite tight. MMM which a profit should have been taken in the $122/3 area and suggested as a reshort in the $126.5 to $127.5 area, you may want to now lower the stop to $131.5. All the other "safe shorts" the stop should be left in place, and see how the next retrenchment proceeds, if for instance, on the DOW 8250 does not hold, you might want to take profits in some and keep the others running.
Mind you, these shorts suggestions was for those "insisting" on shorting (#msg-955110) trying to keep them from shorting the like of EXPE, COCO, BRCM and other snorters.
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