[pcabc]

Yup, I had a nasty, nasty day today; stopped out of multiple positions, licking wounds and hoping tomorrow is better.

Yes.  Is this a shakeout or stop loss hunt, assuming these are real and just not paranoia? But where does the money come from for such shifts? I saw this on my UK ETFs and Investment Trust in the morning (UK) but then on US shares (morning US, but afternoon UK).  Some have had simple large drops, but some have made hammers, I've got one that is up from yesterday after making a hammer with a long tail (handle?).  Some are on low volume, some on high volume.  My breadth charts had been showing some weakening, but no reason to run away.

The real challenge, if not stopped out, is whether to sell or hold.  I'm suspecting that we are having a pullback from some of my positions now that it is later in the day, but it did not feel like that earlier on.