Red Hat Started At Neutral By MKM Partners >RHT
Closed my short position last time we hit $58. Bought short term April $62 puts today. This market is in trouble with Europe and budget deficit problem looming. RHT can plummet just as easily as AAPL did today.
Wonder how much short term downside we have. Still short from $61. It took a while to break $59 on the downside but now that will act as resistance.