To miss earnings or say things on the conference call that analysts and investors don't want to hear and then have your Stock price violate a long term upward trend channel is never a good thing. For Express Scripts, this exact scenario played out over the last few days.

Based on comments made by management after third quarter results were announced, the stock was hit hard yesterday and thus we initiated a position to the short side, our stop is the high of the day: $56.17.