Im feeling a little more optimistic. I dont think we will reach new lows. In fact, I dont think the DOW will close above 300.. A big statement, but somehow, I think buyers will come back before the close..... Also will see short sellers buying to cover there positions, inclu. some other buyers as well.
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"Buyers come out of the woodwork."
I did . . . . . this morning :-(
T.C.
BUY BUY BUY BEFORE THE CLOSE!
If a stock gaps down, dont enter a short position until the stock reaches a new low after 10AM
If a stock gaps up, dont enter a long position until the stock reaches a new high after 10AM.
Stick with this rule, it reduces risk and gets rid of emotion= which will cloud your judgement!!