Today the Dow retraced 61.8% of the decline from its all time high (35,631) on August 16th, then hit a brick wall and reversed down. It reached within 100 points of my 35,000 round number stop. The ballsy action now is to buy more DIA, QQQ or SPY puts with a stop at a close above DJIA 35,000. I still like Nov 19th just out of the money puts, although this week "just out of the money" has been a moving target. Alternatively, wait for today's low, 34,505, to be taken out and go all in on the short side, again with Nov 19th out-of-the money puts. Brick Wall - 5 minute chart
