SD, a point I am trying to make, I shorted QQQ 2 days ago when we had that conversation I said "short the Nasdaq" I shorted QQQ, held for 2 days and just sold all PUTs, for NDX, QQQ reached 78.6% retrace and OEX and OIH reached 61.8% retrace plus I need the money but not to brag about it, for two days' hold a whopping 61% gain, and if I held it for 3 hours, I would be at a loss. I am sure if you hold it longer you will make more, but I need the money tomorrow for being a poor guy I am, but I am getting better, much better and hope to get big soon, this is my dream anyways.
good luck, hope you are short
2bit