300 pts range, another scary day!
Didn't do much today. Still holding long: BAC, C and EMC.
DJIA opened stronger than anyone would have expected but took a turn about 1:00pm EST. It dived from 7800 to 7550 in 2 hours and almost had me sucked in. Glad I waited while the bull and bear were fighting it out around 7580. DJIA shot right back up at 3:00pm EST to close at 7750.
Volatility will likely remain high in days to come. Expecting a positive opening tomorrow morning but jobless claims and 4th quarter GDP (both due out at 12:30pm GMT) may turn it around.
Looking for opportunity to short Amazon (AMZN), Netflix (NLFX), Barnes & Noble (BKS), Palm (PALM).
Ending Balance: €369,964
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