I am moving back into a net short the sp 500 using at or out of the money puts for DEC . as well as PUTS IN QQQ AND SMH .The US $ correction is near its end and should see a very strong advance to above 116 now as the sp now starts wave 3 OF C DOWN INTO NOV 23/DEC 10 .WE should now see the next target of 3160 plus or minus 70 . I will be more detailed as the structure unfolds . BEST OF TRADES WAVETIMER