A diary of the thought process behind my investment decisions
End Of Quarter Crash
I have clearly been wrong about looking for a turn of the quarter rally. That said the S&P 500 is down more than 100 points since last Monday and there is universal unanimity that breaking 1040 has put a final nail in this markets coffin. In my experience when it is this ugly it pays to suck it up, take the pain and wait for a bounce. Even if it happens from lower levels there should be better levels to make sales into. Pass the Excedrin. Have a good night.