Stock Market

[Cajungator26]

Originally Posted by dalakhani

Shorts didnt cause what happened today. This is capitulation in grand fashion. If this was merely shorts, it would be confined to certain sectors. If shorts were indeed the culprit, then there should have been some sort of recovery during the short ban over the last couple of weeks.

This is a classic case of hedge funds and mutuals selling anything and everything to pay skittish investors who want out. This is proven by typical flight to safety plays (long term treasuries and mortgage backs) also getting sold off. Most telling? When Big blue gets sold off for no apparent reason, houston we have a problem...and it aint shorts.

Agreed 100%.

So what do you think we should do? Do you think that every American should sell off everything they own in the market? What would be your advice to people calling all day long in panick mode?