I've been stopped out of a variety of positions this morning, in the face of strong gold, strong oil, and relatively strong stocks. Specifically, I've been stopped out of these puts:
BBH
CCI
FPL
APH
MIL
SCHN
GOOG
EXC
AXYS
……and these shorts….
LNT
CSC
AUY
I will re-evaluate the charts to see if my stop was too tight or if these simply have to wait for another day. In the end, though, I'm confident that gravity (that is, the market's general down-slope) will win the day.
