ONETRIKPONY...Very hard to pick tops and bottoms of a market. Best to jump in or out when comfortable. But it takes courage to invest when everything is going down. There will be a lot of whining a few years from now when the market makes new highs and people lament at missing this opportunity. In one of your past post you mention OIL,CRUISE LINES and AIRPLANE stocks. I would avoid oil stocks. With the price of oil so low their is little to no profitability. Only survival. CAPEX spending will be little to none this year and probably next. Cruise lines do not deserve a dollar of bailout money. They all fly foreign flags to avoid U.S. taxes and regulations.
slate.com/.../cruise-industry-bailout-no-way.html Agree with the airline industry. BOEING closed 158.73 afterhours 168.42
Best of luck with your trading. With all this volatility definitely lots of money to be made day trading. Take a look at ASTC this little scammer has popped up recently. If you can find any shares this would be a great short. Opened 3.64 Jumped to 7.75ish and closed 4.05. Average volume under 20k shares per day. Today nearly 47 million. The pump was on. As always do your own DD. I do not have a position in ASTC as of this post.