It looks nasty out there

Looks like were in for an unpleasant day after Intel's disappointing report. This has been the most difficult market for me to trade since I started in 2003. This must have been what 2000 through 2002 was like.

If today sucks badly, it would be good to see a bit of a panic so that we can finally get that over with and move on. We still haven't seen any sort of capitulation like we did in August.

I have a maximum of 6% loss for a month before I quit trading for the rest of the month. I'm at -4.5% right now.