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A week ago I said it looked like a bear. I was called a wimp, or words to that effect. I would only hold "special situation" stocks now, for the year really. They are losing money too but you hold because you believe they can buck the trend. If you are simply playing the averages and banking...

Good luck, but that is one road I will not be traveling for a while. I think any market could fall quickly and dramatically this year and leverage can destroy you and as a retiree I'm not about to take that risk.

You must have a BIG margin a/c BC. :eek:

If you've been in the market for ten years you are excused from listening to me. :D

Few amateurs can make money while being whipsawed, as is happening now. Hindsight is a wonderful thing and "trading opportunities" abound: easy to read about but hard to predict. I carefully considered buying some beaten up stocks a week ago. Fortunately I didn't. Are we headed for GFC II...