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I’m getting rolled over today in my position. Going long at the exact wrong time, but I’m not done. I’ve just lost profits and with today’s down move I’m cutting into core money now. I feel terrible for anyone caught in this – including me. If there are any stock bloggers that are quitting, it …

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If the market has one more big afternoon to the downside. Not only will true panic happen, but I think it will finally cause the capitulation. I’m looking at SPY and NDX calls here if that scenario materializes and the reason I sold my leveraged ETF’s, even after getting my nuts squashed by an elephant …

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In this bizarro world, there was a coordinated global rate cut of a 1/2 point this morning. The futures were up and have sold off. European markets went negative after the news. Nikkei dropped 9.4% overnight the worst selloff since 1987. If yesterday wasn’t capitulation, today is probably going to be. It flat out sucks …

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Lets start out with the Ugly. – Dow down 800 points at the lows of the day. – New lows vs New highs were extremely lopsided – VIX, VXN both made new highs. Now the Bad. – We didn’t see capitulatory volume. – Market rallied way off its lows. – I had to eat 8% …

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Well on the week to week basis we got the rebound I was expecting. On a week over week basis, the RUT gained 19 points, and the SPX gained 21 points. However, things like the UYG did 14.6%. So certain items this week exploded while others were just good. I flipped to a small index …

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