I'm not sure there's much more to say than let's just put this day behind us and try to go enjoy the weekend.
Wow, that was nasty. Worse, I have little doubt that we are in for more net selling over the next few weeks as price gets pushed lower and Spec money is washed out. Yuck. Three weeks ago today, things looked great. Now? Not so much. Proving once again that old TFMR adage...If trading, you always need to be ready to sell some when things look rosy and buy some when things look bleak.
OK, let's get on with it. After a general discussion of an ugly day, we look at...