Monday, October 11, 2010

Bookkeeping: Stop Losses Triggered in Shorts of Whirlpool (WHR) and China Automotive Systems (CAAS)

At this point shorting anything is just a mundane act of folly.  You put your trade on, you put your stop loss on, and you expect your stop loss to hit within 24-72 hours.

Whirlpool (WHR) broke over last week's highs, triggering a stop loss

Chinese Automotive Systems (CAAS) broke over the 200 day moving average, triggering a stop loss.

And away we go.

No positions


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