I sold the stuff that was down the least. It's been my experience that during a bad day, whatever went down the least comes back the least on any bounce, and goes down the most if the next day is bad. Conversely, the stuff that went down the most comes back the most, and goes down the least if the next day is bad. I don't know if anyone else has had that experience, but I'd certainly like to hear about it.

It'll be interesting to see the AAII report tomorrow. There should be a large increase in bearishness among individuals. I hope that's the case.