Tuesday, January 22, 2008


A list would be pointless today, because in all likelihood all entry points and stops would be irrelevant by the open.

Things are likely to fall, until they reach support, at which point they will bounce.

The fall could be 5 or 10%, and the bounce could be less, or more.

Sorry if this is simplistic, but it is what it is.

This is a real animal spirits kind of day, like September of 2001, or October of 1987, or any one of several other days like this in market history.

About the only other thing I can say, is that it won't always be like this.

Try to keep that in mind today.

Man up.


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