Should be a down day tomorrow.

and likely down into next week. i was tempted to short but seemed iffy. Looking back at today, I wish I had taken a shot at it. fast market though and Vix being as high as it is, sure makes taking any position quite iffy. i'm more for looking at some long term plays that have been simply beaten to hell, and taking some more cautious shots there. energy will be coming back up, and probably other commodities, especially AG. This wont be until the dollar falls, as its rise pretty much accounts for 80% of the drop in oil from 140. i think it meanders downward from here until the fed cuts again to .75. then more data will be out confirming that trully the dollar is the last place folks wanna be going into the new year.

http://moneyover55.a...ctionmarket.htm

... i'm more for looking at some long term plays that have been simply beaten to hell, and taking some more cautious shots there.

Agree. I think this is the right strategy for the next 1-2 weeks.

Focusing on financials, commodities and oil, which should outperform on this next coming bounce.

Some of these names may be up 25-30% from today's close, by the completion of this bounce.

It will be a fast and furious bear market rally, s/t pullback notwithstanding.

THEN it will be time to go short.