...when this market turns upward? I'm talking at least 10 points or 75% or more in one or two days. Forget GOOG or BRKA BRKB. Those move every day.
75% in one or two days? That's gambling not trading. XLF moves sharply with the news these days but nowhere near 75%...sheessh If you want move leverage trade futures instead of stocks...
I'm no genius, but it seems what goes down quickly sometimes snaps back quickly. Banking, financials, insurance. That's where I will look for rebounds.
Here is a list of stocks and ETfs that rebound huge. GOOG AAPL MOS/POT/IPI RIMM MA V KOL EWZ FXI FSLR BIDU PCX BTU CLF
WOW my old nemesis stock trad3r is back. Hope you have not held thru the storm If bailout is not passed you could see apple at 80 fast. Goog will trade back into the 300s soon as well. Pot is dead will ultimately move down to around 100.