When In Doubt, Stay Out

Like yesterday, I'm doing very little other than running of few screens, taking notes on which stocks held up well yesterday and which ones are performing the best and worst today. That's how to spend your time instead of hoping or wishing for more strength or more selling. Knowing these things will prove valuable when the time is right.

As usual, the final trading hour takes on increased importance today and I have little sense which direction we'll ultimately end up. As they saying goes, when you're in doubt, stay out. True to form, that's exactly my plan of attack for the rest of the day.