An ugly day in the market! With an hour to go the Nasdaq was down 75 points and I wondered if the last-hour players would step in and drive this thing into the ground. Instead, we got some buying. Interesting. We've come down very fast. Much like the last pullback in Feb-March. Seems very "countertrend" rather than a change in the primary bull trend.
I felt good having sold all of my mo-mo stocks wednesday morning on the bounce. Those stocks were punished again today, and I was even tempted to leg back in to some. But patience is a friend of mine...
Been swamped at the day job this week