blood and guts all over the floor...

Blood and guts all over the floor...

...and me without a spoon!

lol...I suspect these are the thoughts of many today...but not all.

I am on a buying spree...carefully selected stocks which I was going to buy anyway...but now, I am getting some of them at significantly lower prices.

Always pays to have cash in reserve.

I suspect the DOW...the world markets in fact...needed this correction, which of course is exactly what it is.

There will be those who crow from the rooftops that the end is near, the sky is falling down...that life is not worth living...the only problem is that in their world, the sky is anything but blue!

I see another 200-300 points that may well come off the DOW yet...but with every day from here, we approach effectively narrow the range to the bottom of this "adjustment"...as such, with every day we also see a net reduction in the profit/reward ratio for selling at current levels.

I have not sold one single share today...yet...but have bought quite a few.

Times like this are when fortunes are made...or given away to someone else.

Be the 5% that succeeds..not the 95% that are all acting in unison today.

Cheers!