Stock Watch 8.12.11 ” Pass the Pepto”

Up 500 down 500. 80 point swings in the DOW every 10 min. What else could you ask for in a stock market. Amateur traders have been on a nasty roller coaster ride that has their stomachs crying  Pass the Pepto please! I’ve been through a few of these markets and speaking from experience I can attest nobody ( except for those million dollar, best trader ever Twitter people) have a clue what will happen next.My advice, Keep your positions small and take your profits quickly. This to shall pass.

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