Usually the day I feel the sky is falling is the day of market bottom. Funny I did not feel anything like this yet.
Maybe I am evolved, or the bottom has not reached?
I did feel a bit desperate today for my few long positions I entered early unwisely, but my fear was alleviated by a few shorts I entered yesterday.
I think it is a coin flip. If Japanese's nuclear meltdown continues, I guess the world markets will go down with it.
Otherwise, a urgently needed re-bounce is on the card.
It is very hard to have a sustainable bullish view for me. I continue to stay mostly on the sideline until the dust settle down.
Of course, I will act if I can find a sure bet.....
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