That looks like a rational move, and if we bounce back to the 1930 or so area, you can lay these out again (always with appropriate stops) for the next leg down in this retrenchment. I, of course, am very long here, and hope that a bounce to the 1930 or a little higher evolves in the next two days, so I can bail out, hopefully with some nice profits, though, I may have to take some pain pills as well probably. Some of my entries might have been a little too early.