You can't assume that the market will hold firm going into year-end, and there are enough precedents in history to show that this is true. For example, at the end of December 2007, just before the market began its second downleg off the peak of October 2007, the NASDAQ sold off on the last three days of the year.
BIDU is working well today if you shorted it yesterday. CRM is hovering around the $100 level and remains in a shortable position, using the 102 level as a "paranoid tight stop." One could use 3-5%, up to 103-105 if they wanted to, based on one's own risk preference.
We would keep an eye on AAPL here as a failure back down thru the $400 price level would provide a reference point for a short. If the market remains weak a test short could be put out here using today's high as an ultra-quick stop. Also, keep an eye out for FOSL as it could break out to the downside if it pierces 80 support, more or less. It's possible to test shorts into any short-term bounces off the 80 level, using the usual stops based on YOUR OWN risk preference. Remember, there are no "magic" stop out levels, only levels that keep you within your own risk tolerance. Whenever you place a trade, think about how much you are willing to lose FIRST, then stick to your stops.
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