That Was Quick

Just covered half of my YHOO short down over a buck. Nice-nice. The remaining position is still of significant size as I believe this stock trades much lower in the near future. So why cover half? Simply because when things work so beautifully it's best to take some profits. Besides it was a big position and I tend to get jittery with large positions. Better to cover some on my terms. I'll be travelling and away from my desk this afternoon and don't want to be wondering/worried about whether or not I'm getting run over.