Quote from Pekelo:
...and at the end, you won't have any money either way, so what's the difference?
You do realize that the dude gave back like 300 pts in the last 3 months? Just a week ago he gave back 90% of his unrealized gains...
If you think shorting a 170 handle move up is better than being long, then you probably don't have any money right now. EDIT: I certainly don't advocate leaving lots of profits on the table, but my point remains that being in the green and having the choice to scale out, add, or hold is a much better scenario than to be underwater the whole time, and only having hope that it will go your direction.
for my entry