Bookkeeping: Layering the 2nd Half of a Short on Whirlpool (WHR)

When I shorted Whirlpool (WHR) Friday I said I am going small because the stock had a propensity to run to its 20 day moving average, hence I'd rather short there

It has been trending down for a few months, and the 20 day moving average has been a good place to short the past 6 weeks.  That is currently up in the $87s, so while I am establishing a foothold I want to short more either on (a) a rally back to the 20 day or (b) a new low below $82. 

We are here now, so I am going to put the 2nd half of the position on.  If the stock breaks decisively over the 20 day we'll be gone.



Short Whirlpool in fund; no personal position


x