Took a 400 share short yesterday morning, based on the stocks spread to its 50 and 100 MA's. Stock broke its short term trend and is retesting what is now resistance. Looks like Yahoo could fall to 21 before regaining short term support.
Yes in fact I am. I took profits on my calls. Loaded up early last week when I saw this baby winding up. Now it's time to take long positions off the table and bank those profits and profit on the pullback which is an easy call. May be a small gap at the open but look fro a retracement back to 21.50 or so. If it does and volume dries up I will go long again but now is the time to bank those long profits.