With a martket going down. Your best bet is

a) be in cash

b) short

When the market turns, (and not a Bear market rally occurs)

a) scale in buy. (i.e buy 5-10% if it keeps going up buy more.)


Buy and hold is for the "birds" (similar to raising with 72 offsuit)!!!!!!

If you are in a market - you must have a tresh-hold for pain

a percentage at which you are not willing to lose more. If you

don't you are either very rich or very dumb. Many sadly will

end up working in McDonnalds after this carnage if they don't

take deffensive action.