Deep Chill Has Descended

Things are getting downright cold out there. The weather is pretty chilly as well. Back-to-back ugly trading sessions have shaved a quick 40 handles off the S&P 500. China and the emerging markets should have only been so lucky.

On Thursday, I mentioned moving to a much higher cash position and even selling out of my gold and silver mining positions. I had a hint of regret on the miners early this morning, but the reversal there has been just as nasty as the selloff in equities. I will look to re-enter those trades next week after I get a look at the charts and can pinpoint some targets....326 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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