The other day I covered ALL short and all puts as the market reached a very very over sold level in just 5 trading days I made a PROFIT based on the move from 90 to 110 % short at 4244 to 4285 area and took the profit . simple reason the MCO model was at a level I could not be short in fact I went long 25 % at 4130 and now moved that to75 % net long 4150 NO stop I also moved to a 100 % net long the other day in CG at 33.50 even .I am looking for a wave C up or a 2 but tend to view this drop as wave B down . I have had major spiral s 3 point to a top due 16 th to 25 of aug