Multiple breakdowns across stocks and indexes today make holding Long positions much longer untenable. Here are trade management stops on the new positions generated at the close yesterday: AAPL: 216.90 MSFT: 107.90 SPY: 283.80 Many of the indexes that were sitting right on their lower channel lines this weekend are close to or have already broken down below those channels. If they close below the channels, there will be significant risk to this market and an opportunity to get aggressively short. More later today.
