Monday, August 08, 2011

A Picture is Worth 635 Points...

Nice drubbing in the stock market. Things got worse in the last 30 minutes.

No changes for me. Just watching. I think the temptation is to throw money at the decline. That has usually worked out (in the end) for me, but I haven't done it this time. The market is going to be very volatile and may rip to the upside at any moment. I'm actually thinking about lightening up on a bounce if we get one! I'd like it to be a 500 point bounce, though...

blog comments powered by Disqus