By Cody Willard, MarketWatch
Fear is palpable. Panic is in the air. The stock market is down about 10% in a week. Headlines are blaring fearful news.
That means it’s time to nibble on stocks and cover some short sales.
With the Dow Jones Industrial Average /zigman2/quotes/210598065/realtime DJIA -0.04% down another 800 points today as I type this, I’m covering 15% to 20% of my short index hedges across the board.