### Comment:
Coz everyone thought fed was on the same page on cutting rates and we kept going up. Now this uncertainty means market won't go up much until they make the actual decision on July 31st. ( Also , I'm biased  
  coz I'm holding puts now)

### REPLY:
My riskiest play is Aug 2 195 QQQ. Break even $196.5... 
  
 I don't think that's too crazy or that the 50% loss on them today was warranted. Everything else I hold is Aug 23rd and Oct 18. 
  
 This 'correction' seems as crazy as yesterday's end of day rally. Both over reactions imo.

### END.