Run and hide...yawn

[mrmarket]

The sky is falling..yeah right. Where else are people going to put their money? They'll be back.

[em26jamie]

Guns, ammo, and farming. That way we can eat and keep people from taking our food.

[peanuts]

Guns, ammo, and farming. That way we can eat and keep people from taking our food.

gold and silver, too... but you can't eat that or defend yourself with it

[mrmarket]

It's clearly a flight to cash...you can see where the money is going. With corporate balance sheets very strong (and cash rich) and valuations temporarily low, they'll be back. What a bunch of cowards.

[riverbabe]

Maybe it was a dumb move, but a 50% haircut is really scary. So I took a good look at what is likely to come back, and dumped a couple that are not likely to come back strong. Then I went into margin and bot more Dendreon at 12! 12????? 12????? And more PSEC at >13% divi. And more FSC at nearly 16% divi. God help us all.

[Deaddog]

The sky is falling..yeah right. Where else are people going to put their money? They'll be back.

Right they’ll be back. The question is when. To me it seems like the best thing to do is to go flat and wait for the market to make up its mind where it wants to go.

There is a difference between a good stock and good company. A good company has great fundamentals and has the potential to do well in the future. A good stock goes up after you buy it. Your method picks good companies. I try and pick good stocks. If they don’t behave I’m cutting my losses.

Who knows what Monday will bring? What I know is I want to preserve my gains I’ve made so far this year.

[mrmarket]

Right they’ll be back. The question is when. To me it seems like the best thing to do is to go flat and wait for the market to make up its mind where it wants to go.

There is a difference between a good stock and good company. A good company has great fundamentals and has the potential to do well in the future. A good stock goes up after you buy it. Your method picks good companies. I try and pick good stocks. If they don’t behave I’m cutting my losses.

Who knows what Monday will bring? What I know is I want to preserve my gains I’ve made so far this year.

In total agreement.

[zombie]

I'm quaking just looking at the Asian markets this morning. Can't sell at these levels as it'll crush us small investors and too scared to buy as this looks like Armageddon! 2008 destroyed many a small investors who'll never come back,2010 "flash crash" scared the living hell out of whoever was left, the current dip of 15% ( and many individual stocks down by 50-60%) within days will just confirm the belief that markets are as predictable as a game in Casino.Its gonna be a ugly ride..

[zombie]

Just to add, the S&P futures are down a whooping 2.4%

[Peter Hansen]

Check Out Pete's Moneymakers

The markets can change on a dime , but for now the picks in my section should do well.

[Eric]

In total agreement.

Have you folded and given up your consecutive wins then?

[mrmarket]

Have you folded and given up your consecutive wins then?

Not at all...I still own all the stocks in the MM portfolio.