The guy broke every daytrading rule in the book with that trade:
fighting the trend .. adding to losers .. keeping a loser overnight .. trading too big .. not using a stop loss.....
Im sure we all been there.. i used to trade like that back in 2002.
He was ranting that 100 basis pt count still wouldn't recover the market. Ironic that the RUT has been outperforming the rest of the market. It's only down 0.76% while the rest of the market is down more like 1.3%.
Sometimes it better to react to the market rather than trying to predict it.