PCG was not on my watch list. I have had my eye on it for a few days as the chart looks set to move lower. There was weakness in the p/m and PCG was threatening to gap down, so I got 300 shares short risking off of 10. After the open I added 200 shares knowing I would have to lower my risk. I was already resigned to the fact that if PCG was to hit 9.90 then my thesis was wrong and a 10 push was imminent. More strength emerged, and I did not hesitate to cut as planned.
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