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To: chimera
"and the average is still dropping"

Heavy volume. Even with electronic trading it takes a while to get everything computed.

It would be very, very unwise to pick a bottom now but often heavy volume on the downside indicates capitulation.

103 posted on 10/09/2008 1:23:38 PM PDT by Proud_texan (Scare people enough and they'll do anything.)
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To: Proud_texan
I was thinking the "c" word myself, but with my luck (my ability to jinx things is legendary) it just might turn out to be "crash" rather than capitulation.

But I don't know what else to do but ride it out. I really loathe the thought of selling out and losing half my assets. Just keep going in to work every day, paying the bills, taking care of the folks, and putting off retirement a few more years...:-(

128 posted on 10/09/2008 1:31:15 PM PDT by chimera
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