Thread: Nordic's Account Talk

15:00 ET Dow -233.68 at 9728.90, Nasdaq -48.67 at 2048.88, S&P -27.92 at 1038.19:
[BRIEFING.COM] Expectations for volatility have soared with this session's slide. In turn, the Volatility Index, often dubbed the "Fear Gauge," is up more than 23% this session. That surge marks the sharpest spike for the VIX this year. Additionally, the spike has taken the VIX to its highest level since July.
Heightened expectations for volatility come amid the S&P 500's worst single-session percentage drop since July.
Nasdaq -48.67 at 2048.88... NYSE Adv/Dec 372/2662... Nasdaq Adv/Dec 520/2128.

Carl Swenlin predicts a possible re-entry point near the end of November.

http://www.decisionpoint.com/ChartSp...091030_co.html

http://articles.moneycentral.msn.com..._blg=1,1351070


http://jubakpicks.com/2009/11/03/upd...term-investor/

http://articles.moneycentral.msn.com..._blg=1,1351888

Originally Posted by Nordic

http://articles.moneycentral.msn.com..._blg=1,1351888

Yet on CNBC's Fast Money they continue to laugh & snicker at Peter Schiff...

http://articles.moneycentral.msn.com...uld-burst.aspx

http://www.decisionpoint.com/ChartSp...106_cspot.html

Argh, still not sure what I hate more....missing big gains, or suffering big losses Tomorrow is another day, looking forward to a better entry point.

Originally Posted by Nordic

Argh, still not sure what I hate more....missing big gains, or suffering big losses Tomorrow is another day, looking forward to a better entry point.

Gotta be the losses since it takes more gains to make it up.

Originally Posted by Frixxxx

Gotta be the losses since it takes more gains to make it up.

Yeah, it's a tough call. I struggle being on the sidelines, just not in my nature...I'm a Birchtree wannabe

Birch has set his retirement date, maybe the two of you can set up a transition plan before he goes.