The bear seems to be in full control now and he is probably not ready to hibernate any time soon. Therefore I have given up plans to buy any stocks in the immediate future. I had recently been making a few trades in COP and BP. Yesterday I sold my COP at $94.35 and today it closed at $90.75 even though oil closed at a new all time high. I am still holding the last of the BP that I bought at a loss. It appears that investors are now willing to sell whatever they can to get their hands on some cash.
Long live the bear. I will suffer with the masses with the two stocks that I still own. I think the time machine is starting to accelerate. Fasten your seatbelt!