I'm only down a little. I know I'll make it back. Like I said, it could be 6 months or a year from now. I'll be joining the short party.
When was the last time you were able to say that? Shorts have been making a killing for a very very long time.
It's just better to short the market overall. Whether it's now or 6 months from now. Just find inflated stocks and short them. Going long on stocks is for the birds. You can't make good money. Shorts win every time.
Past history says there's usually short covering going into a 3 day weekend so we may get a sharp rebound before close.
The stock is down 26 pts since 12/4. That's a problem. Very easy for it to drop 5% day after day. Yet, on a good day it goes up maybe 1.5%. That's another major problem.