I'll be out long before then, if I am wrong (s @ 58.5). But I WILL write that number down! EDIT: Moved to BE. I am fearful being short in this market. Remember the game show "Press Your Luck"? OUT at 58. Better than nothing, but less than I had considered worth the risk.
I remember being on the floor when the dow was down like 160 points, this was when that kind of swing was a big deal. All the big shots from upstairs were there, lots of panic. This clerk goes walking by and I say "Hey what's going on today?" He looks at me without blinking and says "more sellers than buyers".
Listen to the news and what people base their trading or investing actions on. The catalysts always include words like : "fear of", "what", "may", "view", etc. There is absolutely no concrete evidence in any of it. How can one trade or invest with confidence like this? Edit: this was not intended towards you tomahawk.