$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ ...

$Direxion Daily Semiconductor Bull 3x Shares ETF (SOXL.US)$ where do we go from here? virtually all tech stocks semiconductors have reported the only key company left is Broadcom. the media likes promoting statistics all these bobbleheads on TV how bad the month of September is and that the market goes down on average of 5% after the first time the FED cuts rates. you know what, who gives a shit,  it certainly ain't this guy right here. chip stocks are still down 18% from the sell off as a basket , NVIDIA  went down 24% from its high. so a 5% correction when you're in the tech world with high beta stocks is a bi-monthly event. so maybe it means it goes down 10% right goes down 10%, they trade at 1.5x betas many of them to the market so we retest $33 or so maybe 32 in change. all this represents is a buying opportunity. quite frankly I hope it does pull back it rallied almost 8% Friday. maybe we'll get some consolidation this week what my plans is to sell some puts early Monday and I'm going to stagger them $34, 33 there's not a lot of premium in them for one week. I'll take what I can get and if the basket closes at that level or lower I get put the basket I'm fine with it. we've seen inter day where this basket sells down just under $2 and if you do not see a broad based market decline in the NASDAQ but it's limited to this sector step up and buy the basket at that point because I believe you'll get a intraday trading recovery. if you see the NASDAQ down 250-300 and it's across the board sell off then you want to remain a little bit cautious because we may have some algorithmic programs kicking in there may be some global events in the Middle East there may be some political posturing taking place there may be some more Japanese unwinding.  that's my game plan on this basket of stocks for this week. virtually all the  news is out of the way minus broadcom, dips should be bought.