The Baby, Bathwater and Piano Player

The baby, bathwater and piano player all being sold today. The $SPY, $DIA, and $QQQ down over 3% as I type!

It's so bad out there, even $AAPL is down a couple of percent -- Apple! The stock everyone must own!

No need to be a hero yet. I still have the low beta stuff and some cash, plus the very lame $QQQ trade and oil. Nothing is working on the long side, and I'm not going to play the short side on a v move down. I'm giving the QQQ a long leash, as it isn't a huge percentage of the portfolio.

But I need to give the new puppy a few rawhides tonight and hunker down with the Black Box.