3 New Positions This Morning To Report
I'm not willing to say that the lights have been turned out on the bull's rally parade of late, but I do think they are looking at some major problems here, that they need to soon correct, before the bears are finally resuscitated back to life. In my short positions that I executed this morning, I basically looked for stocks that would give me low-risk setup, that should the bulls bounce back from this sell-off, I wouldn't feel to much pain in the process.
SHORT: AT&T (T) - Short at 28.22
LONG: ProShares UltraShort QQQ (QID) - Long at $10.86
SHORT: Polaris Industries (PII) - Short at $73.23