there is a very good since once the sellers(momo players) noticing there is no more room to the downside, smart ones might start covering and go long again.
It will be interesting to see if ATM selling had a part in the decline over the past few days. It would be nice to know what the status of the ATM offering is!
need the mkt not to turn down
remember we are in the bull market, it didnt help us when market was up triple digits? so why should a 100pts down wont hurt us? unless market down more than 200pts but do u see it coming today? not me!