Niksurfs

The Bear Market Strikes Back

Even though this is a nasty correction and the blood is running in the streets, we still have not seen signs of capitulation, panic _yes_ capitulation obviously not. Problem is with these kind of swings, huge point losses and up days we may not recognize it is we see it.
I can't help but wonder what that point of capitulation would look like_ a major one day 1,000 point crash_could that be the sign. From these levels that would shake Confidence and damage us for quite a while.

I too have positions noted above and frankly the NOV story really has me puzzled.