RE: Making new lows every day....straightbull you make a very good point.....and I cannot disagree because that's what's happening.
But, I have a list of various small caps, mining, energy, gold and silver....main stay names we all know, and each of them have made lower lows every other day in the last month....but yet half the time the market in general is up, which says to me everyone is re-positioning to the safe dividend stocks (they are going up) and pulling out of materials, energy.
So the question is do you sell at a big loss and go on the sidelines or hope this is overblown and with a few annoucements as a specific stock like CMK maybe we go back to a fair value and keep as a hold.
Really tough situation right now......no right answer.
Cheers!