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Message: Re: def. keeping the powder dry

Aug 04, 2011 01:11PM

Aug 04, 2011 02:13PM

US markets down over 5% today! Seems like everything was down hard today - even gold. If that doesn't say panic, what does? Seems like the market always goes into panic mode before a true bottom gets hit.

Jobs report should be the catalyst for tomorrow. If it's lousy & the market gaps down, I'll be going all in. I'll even use some of my margin, but not all of it - just in case.......

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