Thanks. I always read and respect your opinion with a few others. So I decided to wait and see if a a dead cat bounce materializes in the next day or two in order to sell all my 401K mutual funds. Your trading style seems to match what I do since I can't trade too much in my 401K plan or they said they'd move my money into cash Money market at 2% and leave it there. So I tend to use the daily and weekly charts for my long term 401K, and 30/60min for my trading accounts.