wicked losses every where for me...

Again I hold my shorts on NDX but am at hold a tremendous unrealized loss. I figure a bounce was in store but did not want to wait. I now wished I had purchased Oct. puts instead, but tomorrow and Friday will have employment data effecting the market, so we will see. The push upward today was broad, and volume better than a lot of other summer days. The bulls have control, but for how long, not sure. Hopefully not longer than third week of September where options expire. I will take the lose if Friday is another up or consolidation day.