Wednesday, March 16, 2011

CLOSE

(stock #'s in %)

Market pummelled. Down 242/50/24 on mega volume. Oil a quart over $98. A lot of overreaction. But that's what markets do. That's what we the people do in panic. Why panic? We always get through anything. Until we die. I know. Pretty tragic catastrophe there in Japan, Libya, Bahrain. On and on. The market needed a correction. We are there. We are back to where we started the year.

SSHO down 43. PSUD down 23. IAUS down 15. QTMM down 14. CBEH, RVBF down 13. TSPG down 11. XSNX down 9. ESLR down 7 more. QTWW down 6 more. LSCG down 4.

ESRG up 323. Kid you not. APSOQ up 83. GSPI up 33. ICPR up 30. SNRY up 24. HLNT, CRGE up 20. PANL, PSPW, ADES up 18. For real. HYPF up 15. ECOS up 14. NENE up 13. TRKP, WTWO up 10. COMV, EFOI, ENOC up.

Ever get the feeling the market is nuts? And that's how money is made.

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