Kevin,
Honestly (and I mean this), I hope you do well. And I hope we are close to a bottom. I am more of a long term investor so I will weather out this storm. However, many of my good friends are getting buried by this market, as they have no clue how to trade in a bearish environment. I've seen many people come and go here at SI. I've left SI for periods of time only to return to find that many posters are long gone. It's tough because you get to realize what is really happening to these people. Anyway, I could ramble on forever and it would all end up being OT. So I'll get to my point, which is that I didn't understand what you were getting at in your original post, and I still don't. IMO, it will become an expensive lesson trying to pick a bottom in this market for a while. Sure, we'll have our eventual pops and positive days, but we are not going to see lofty levels like we witnessed last year for many, many, many, years. Funny how the market takes away years worth of gains in a fraction of the time, huh? Anyway, best of luck to you. I hope you make a bundle on your S/T positions.
Bryan |
