S2 Option Trader

[poor_user]

Dan Niles is right, but late to the party. I have been shorting these as well as the a lot more and it has already worked great. Just took my profits today. I am very happy. If the market bounces from here, I will get back in again short.

Funny how semis will usually lead on the way up and then lead on the way down.

Also funny how the news Dan Niles just pointed out is not new news so why short the hell out of them now. He should have shorted the hell out of semis during the first crack in the market or like I did at the first news about Greece. This is huge...NO MATTER WHAT ANYONE SAYS. So the smarts ones are either in cash or short the market.

Looks like almost everyone wants to be short now though so I got scared and got out today.