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Message: Re: Rats!

Aug 08, 2011 04:03PM

kim
Aug 08, 2011 04:05PM

Aug 08, 2011 04:13PM

Aug 08, 2011 05:24PM

Aug 08, 2011 06:17PM

Aug 08, 2011 09:14PM

Well, it`s not really that bad. I`m down 4.5% year-to-date but it`s only a small dent in last year`s gains (105%). I`ve been trading since 1998 and I`ve only had 2 down years, but each and every year I`ve managed to go into the red at some point, including last year. So I`m used to this.

Futures are down again tonight - we`ll see what tomorrow brings. Bottom fishing is dangerous, but kinda fun - must be a gambler`s high or something, lol.

Rebound rally, when it comes, could be fierce. The bigger the fall, the bigger the bounce - sort of like a superball. I`ll be selling into it and then glue my crystal ball back together, lol.

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