Using a 100.51 stop-loss, we covered a round-lot short whose adjusted cost basis was 101.68. The trade would have produced a gain of about $117 for anyone who followed my instructions exactly.  The fact that the Diamonds got nowhere near their target on the correction suggests they are eager to run. Going forward, bulls should use a 101.82 target to manage risk on the way up, and bears can short there aggressively with a stop-loss as tight as they deem prudent.