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#1 CLK

CLK

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Posted 14 August 2013 - 10:05 PM

Shorted some after hours, plan on shorting big position tomorrow with 3x ETFs, I will hedge this with small put position instead of taking a hefty loss at new highs in case I am wrong. Buying dips could still work, the market has not officially turned yet, but this is a low risk, properly hedged trade. The A/D divergences are still there, first after 6 years, have to trade this. Plan on holding for awhile.