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... bensjoyce

Hey Leo

What if the market placed a bottom (V) either today or tomorrow/overnight and then bounces for a couple of days making wave 2. And then the beautiful 3 down the tubes?

... monicadern

Red, I'm in it for the long haul and will stay short. That's why I didn't try to catch the top. I have been losing money for months but I truly believed I would be OK and hopefully now I will be.

... Red Dragon Leo

Ain't that the truth girl? Stay short if you're already there. I'll look for a bounce tomorrow to join you.

... monicadern

Don't worry Red – it's never too late and I'm sure you will get your chance. I think the only thing I have learned from the stock market is to expect the unexpected!

... Red Dragon Leo

Please do… (and let's just hope for a small bounce tomorrow to get short on)

... Captain_Koons

Another reason for the sell of could be due to a hedge fund that imploded. One of my associates heard some speculation of this going around the pits today.

I will post if a get any additional info on the story.

... Red Dragon Leo

I'm hoping for a bounce tomorrow ben… I totally didn't see this one coming.

... Red Dragon Leo

I'm sitting in cash too Captain. I didn't see this one coming. I'll have too wait for a bounce… hopefully tomorrow.

... Red Dragon Leo

No, I miss this one Monica. I'm glad your short though. I'll have to wait for a bounce now to get short. Arrrgggh!

... monicadern

You short now?