I came back to the office from a noon meeting to see all of yesterday’s "Toe-in-the-Water" Cramer trades had been stopped out for modest (small) losses.
After opening up 150 or so, we reversed hard and headed south — a 500 point Dow swing — and closed on the lows (never a good sign).
We now have a Dow 9,000 down side target.
Its a tough, but target-rich, environment
What's been said:
Discussions found on the web: