We let our 1330 short go after a 10 point profit and went long. We are now long from 1311.50 in a market that still wants to push down as the market continues to make new lows in the overnight 1305.25.  We put on 1/2 position so that we can hold this trade below 1300 if necessary. I don't believe in averaging down a losing position but I do add to my position at what I believe are turning points as long as the trade is still viable. The other tactic I employ is selling off the position to buy at lower levels, again the trade has to make sense. This trade could easily last for a few days or a couple of weeks before we are flat again. I will post trades as this should be intersting how the market reacts to the recent drop from the highs.