From the sidelinesWhen I got out at $9 it was because of the broader markets, the Dow was sitting at exactly what it is again today. I had mentioned to watch the Dow go under 11,000 and I was expecting it to go under 10,000 and we could see a repeat of 2008 all over again. So the Dow has not changed but ATC is down over 50%. This is only because ATC has not delivered what anyone was expecting.
The last possible scenario I pictured is the one that is now happening. The Venture still has to lose 50% to equal 2008 levels. The last thing I ever would have thought is that ATC would not have results to release. I am keeping an eye to get back in but I will only pull the trigger when I see a release that I know will make this move. At this point I don't believe I will miss out on a big run up. These markets are insane and to believe I can predict anything at this point is really just stupidity in disguise, I'll leave that to those who think they know.
Toureq has it right by loading up on bear funds. I see that as the closest possible investment one can make that actually has anything to do with reality. These markets are a sinking ship with a fire onboard approaching an iceberg in the middle of a class 5 hurricane.