I hope joab shorts this stock so when he gets squeezed it'll blast my position up a couple points. Please keep shorting joab!
C'mon Joab! You liked it at $699, I bet you LOVE it at $704! Short some MA, CME, and BIDU while you are at it!
Short 703.25 Stop 704.25 As soon as I get $1.00 I will take half the position off to make the trade risk free
Update: Moving my stop up to give this trade some wiggle room. We are consolidating too much and that "could" mean a push higher. My personal bias about the fed meeting is that they will cut .25 and the market won't be happy about it but that's just my bias and I will trade off whatever happens.