Market closes at it the low for the day. Ouch. Bad day for bulls with most of the pre-holiday gains gone. A gap open lower tomorrow might be a time to add to longs. It isn't a time to play hero (it never is). However, it is a time to find quality stocks and add to positions.
During my time away, I bought CTX Centex, a housing stock. It is underwater.
I did nothing today, except watch all the red minus signs become larger. I am looking to buy in my long-term retirement accounts, but so far nothing. In that way, the decline is a good thing.
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