That hurt!Been loaded HOD all week and boy today was painful!
I thought about selling then realized that if I was holding cash I would probably buy today as well.
Part of the problem is trading with conviction or believing in story and not being nimble enough. It is very hard to sell a loss when your analysis says the market isn't right.
Still, I see others are sharing the pain too. Misery loves company!
BTW- our Canadian central bank has declared the recession over as of today. See! my idea of selling T-shirts was spot on! (Of course I had to get something right when I couldn't possibly benefit from it!)
Drainman