I said I'd be looking to add some long exposure but that does not mean I am not going to sell some as well; what I want to do is sell some of the overextended names and buy some things that are not so overbought.  This way I can keep a decent long bias, but just change the mix of names & exposures.

Here are some sales (I've included Relative Strength index in the chart to show one signal of 'overbought')

I'm selling half of remaining Acme Packet (APKT) near $36 and will look to buy back on a pullback.