Remember how panicky you felt last week? Do you remember why now…

Got a chainsaw buzzin’, Who’s that cussin’
Eyes start blinkin’, The boys all start their wishing

Left holdin’ the bag again, Burying it at both ends
Don’t believe she’s a friend

Thick, thick & thin
Let it loose now, let it go to the wind — Black Crowes

Pretty red day overall, but again, that’s not a bad thing for the bulls given that we didn’t “dislocate” all over the place like the markets had been doing for weeks there.  Indeed, take a look at how steady the week of action has actually been:

Now look at what it  had done the three weeks before that:

There’s a lot emotions still packed into those charts, even as they try to settle themselves out in this week’s action.  Meanwhile, Apple did trade pretty darn thickly all day.  “Thickly trading”, hmm, I like that.   Thick not thin.

I didn’t trade today but am likely to nibble some more on some Cypress and maybe Nuance when I do trade next.

Remember how panicky you felt last week?  Do you remember why now?

Think about it.  And next time you want to panic, trade thin instead.  Let the other trade thick.   Thick, thick & thin. Let it loose now, let it go to the wind

See you tomorrow.