Markets --- DOWN DOWN DOWN! - Read what we said!!
Well there you have it - DOW down 530 points and NASDAQ down 171 wow!! Just go read all our blog entries and our tweets/fb posts on taking profits and hedging your positions with puts - we talked about the topping nature of the market and we covered some shorts this morning for a tidy profit - we were up all night thinking of trades to do this morning and then got the easy gift of DE (Deere) - we shorted right at the open. We have been short HAL, PYPL and IBB. We closed our IBB short call for 90% profit today - last week in our blog we picked IBB and HAL as top shorts along with PYPL and BABA, INTC, MU.
Good luck trading.. We told you so!!
Closed SWKS short.
Trucharts team
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