Mostly: Classical

[ItsAllCyclical]

>> IAC: I stopped out of everything after the first 30-minutes - 100% cash. <<

Would be nice to only have my own acct to worry about. Have too many shares across too many accounts, but at least I was down to a core position (approx 20% or less) in many accounts after being 50%+ in many. Was a very good few months while it lasted. Going to see where things end up today as I may do more selling. You're right on gold as insurance here. Also you had the momentum crowd w/Cramer and I'm sure the shorts helped accelerate the decline. Shorted some GDX in 1 account yesterday, but they didn't have shares available thru TD. Didn't grab very much either way, but everything helps. Probably would have sold more but MFN was a late bloomer. Overreaction if $25 can cause this decline in the mid caps. Previously they held up better than their big cap peers, but not today. We'll see where we end up. If the mids don't show more rel. strength today I probably will lighten a bit further. We'll see. I still see the mid. cap producers as the best overall value relative to the risk. Too early for more than handful of the pure spec spec non-producers. If it's an IT top value will mean sh*t.