cnbc, page-5

Care to explain why you went long? Also, what was the over-riding factor that made you take that position today. Was it a case of bottom fishing, or were you just trading the swings?

I'm certain all the non-greedy day traders who had trailing stop losses would have maximised their take today.

With so many days of continued falls, surely we are going to have at least one day of rise on the certainty that markets sentiment never ever gets it right 100% for so long. I therefore can't really tell if it'll go up or down, but pretty sure that if market sentiment remaims as it is then we'll see it break new southerly ground if not on Wed then in the next couple of days thereafter. Dow will obviously play important part and they too have been experiencing a string of falls that makes we wonder if tomorrow we'll see a rise in the states from bargain hunters. American traders are not a very patient lot even if Warren Buffet hails from the states. One would expect the prudent to at least hold off until those bank earnings reports are release, but not the greedy americans. They'll shoot and regret it later.

Looking at the last 10 days worth of trading on bnb, it would appear that there are still plenty of bargain hunters trying to bottom fish, creating plenty of opportunity for day traders to make a profit from the swings. This seems to be repeating itself on a daily basis while poor market sentiment see the sp continue its slide.