7/9T3:40 ICE

I have a gain of 30% on the ICE short.
The stock has sold off 10% on big volume today.
This is the day before the two day congressional hearing that the company is going before.
This feels like a short term bottom day.
All the bad news surrounding the hearing erupted today.
Each time the stock has sold off on this type of volume over the last year it has led to a short term bottom.
The stock is also trading back at its original support of the break out from 2006 and it is at the bottom of this years down trend channel.
Time to book a gain and not be greedy.