I'm leveraged ~1.4.. don't really want/need much more. I don't do more than 1.5 and I feel pretty good right here. So... I didn't do much today. No buying or selling.
So, this afternoon at the gym I hear two 50 somethings discussing the market and these guys are actually angry that the market could have a legitimate down day. They are angry at Bernanke. The last day the market had a legitimate (ie substantial ) down day they were mad at Greenspan for speaking a few weeks back. These two are not the only ones I have heard who seem to think markets only go in 1 direction. Kinda amazing the thought processes in guys old enough to have seen markets drop. Just weird!