No Trades Today

I had a crazy day and the few moments I was able to spend alone with the market spooked me into staying away.

We finally have a nice looking "capitulation candle" that may indicate that going long (at least in the short term) might be an option again.
Nearly every indicator out there is showing that we are ridiculously oversold and due for some sort of bounce.


Glenn Beck was telling his listeners today that he is posting a newsletter on how to can fruits and vegetables so you won't starve during the coming apocalypse. Even Jim Cramer is getting into the mix. I started trading in 2003 so I really wasn't paying attention during the last decline. I'm guessing this kind of panic was going on then too.