oh dear, the precious dow really doesn't like being above 14,000, does it? looks like the smart money was waiting for that level to go short.
I thought this was going to be the first time in quite awhile that the market didn't crumble after INTC's earnings report. But it looks like the streak continues unbroken. So although my S&P puts did nicely today, my Chinese shorts are not doing as well. FXI (Chinese ETF) is still up 6% for the day. Dow is down 122, S&P down 10.