Under the Covers

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I have covered and taken profits on about 20% of my positions. I just wanted to show you some charts which:

(1) Are still dynamite shorts in the long-term;

(2) Have gone down so far, so fast, that I’d rather cover now and re-enter later at a higher price

Here are a few examples.

slopechart PKG

slopechart IP

slopechart HUN

slopechart EMN

slopechart BABA