There Will Be Blood

Unless you were net short, lick your wounds, get the markets out of your mind for a few days and HAVE A GREAT 4th of July everyone.

In the infamous words of stck_trdr3:


"werd."


p.s. - 'There Will Be Blood' was a great movie.
 
i'm not a fan of averaging down.



Quote from makloda:

Simple sell off where everybody heads for the exit in sectors/stocks that were way extended from their moving averages. They held up a little too well while the SP500 was plunging.

No need for "hedge fund margin call" theories, I'd call it reversion to the mean :)
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