No it didn't hurt me other than down of my purchase yesterday. I said I was just buying some of UYG in case it started back up because it was down .80 cents from where I sold the rest of my position and it was close to a support level.
Plan of buying more at bottom (oversold) if the support level broke. Which happened. Before this downfall, the market was acting like it wanted to keep edging up because it was making higher highs, who knows what will happen now. I would love to see UYG fall back into the low 3's again. Last time I missed that because I had $$$ tied up, this time I will be ready.
Whole market will be tested today, Looks like the regular Friday green gap up not going to happen because the failed auto bailout. I don't have any AMR, I was short on it and cleared that short position when I called you yesterday. I doubt if I buy anything today unless the tank is so big we reach a fast oversold.
Going to be a SCARY day! Not looking good for auto's and market
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