I am not seeing any kind of a bounce today which means these stocks will probably move lower this afternoon, and who knows what tomorrow will bring, but not holding overnight is so much easier on the nerves.
Even my beloved gold stocks are looking like crap, have no idea on what to look at anymore. I enjoy my cash position, and my bills being paid, but its the not making money that concerns me.
Its like the weekend sales registered by retailers, its one thing to sell something, its a something else too actually make money on those sales. I think most sales were accomplished by using small margins, or even selling for small losses, its only going to get worse for retailers as the christmas selling season continues. Great for shoppers, unless they are so over the heads in debt.
Yup market moving down some more, maybe we get another good washout, but stocks are already at really low levels.
zab