Well, I wasn't really watching the OTC-BB as a whole...only those that I held. And my personal experience was that my OTC stocks either remained constant or gained, while my big boards dove. They recovered quickly, however, and I was able to pick up a couple of good buys.
Personally, I think a larger correction is going to occur, but I try to keep in mind the big picture...today's drop of 159.93 kind of made people notice the market today, however, it amounted to a decrease of .017%. Therefore, if the Dow were to drop 500 points tomorrow, trading would be halted as it was last October, and the media would be in a frenzy, but the overall loss would still only be .056%!
Sure makes those down days a lot easier to get thru when I look at it this way.
:-)
Good Luck
Binder |
