I am curious what Luc has to say as well. What I have noticed the last time things started diving begin august, is that when things are going down as rapidly as the have been in the last 24hrs, that they usually do not jump up right to the last base, you will see that in the history as well. I learned that the hard way and give myself a bigger buffer when it turns bearish like this. at least 4%. You bought at at about 3 1/2 % below. The even worse mistake I made was toughing it out, when I missed the first bounce and the second..... He does always say take the first bounce and I have also heard him say he tends to get out early. I love it when he speaks of his thought process on specific examples like this.