Our short LPS is down another 2% today…
The bears and shorts sure pushed the selling hard this morning, trying to break the bulls. At one point earlier this morning, the S&P was down 10 in a straight line, but a little intramorning bounce has chilled out both sides here early in the week.
Our short LPS is down another 2% today and I’ll be back with an update on that one later. Will also be looking to buy some more Cisco calls as I’d noted earlier, and I’ll detail which ones when I do so.
Back in a bit.