Anyhow, the markets look ready to churn lower now that volume has come back in. The bulls have one more day to prove themselves, otherwise this market is going down faster than a 5 dollar whore.
SKF is my favorite, and I wouldn't be surprised to see it at 300 in a few days if the bears maintain control tomorrow. Capital preservation and keen risk management remain the name of the game. TLT, FXY and UUP are still the strongest trades, and have the greatest psychological aversion amongst small investors. Nevertheless, GLD is pulling into potential support, so look for range bound trading, or the resumption of a new downtrend.
