Cover Shorts in HD

I think this is a good time to take this trade off. VIX has popped up a fair amount. We have had a nice post-options-expiration selloff also. Earnings are also behind us and this is the most oversold the stock has been in over a year (using a 6-month rate of change as the measuring stick). I'll hope I don't miss out on the rest of the decline, but the risk-reward from this level is a bit skewed. There is a lot of risk to the stop loss and just a bit of potential return to the target. Let's step aside and re-visit on a rally. Cheers. Tim 11:58AM EST Aug 21, 2013 74.46 last :-)