Getting through this mess....
Today's action is the reason why you gotta be quick. It is also the same reason why I am begining to believe that being an investor is becoming a passing fad, an obsolete notion. Whatever happened to the nimble trader who makes his cash on the trade and sells that sucker to another sucker? Why should I hold on and through this mess. Todays mess really got me thinking. But let it be a learning experience: Unless you don't mind the future punishment, sell your positions as soon as you make a decent profit (don't wait and believe that the next day will be better) and search for stocks that are up on such big negative days (SCHK, CECE, RELV, etc)
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Bought HAL in Jan. 2003. They won the contract(or stole) to help rebuild Irak. Money is over seas right now. I'm in Siri, XMSR, GBEL.ob, ELN, and a few mutual funds
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