Scare people away?

Markets are really trying hard to scare people away now. People, who have been holding, got some relief from the election rally. Yesterday and toady, we have been going down pretty hard. If I were those people who are hoping for more rally are very confused now, thinking 'If this thing goes below the recent low, it'll probably go way below. I will sell and buy at lower price.'

The question is markets have to convince people enough that this will go further down. I don't think it has happened yet.

I'm thinking about selling Jan CL 30 Puts. I never thought about this situation when oil was close to 150, but no one just never know!

I exited the remaining AAPL at 101 (from 93 entry) this morning. I was using $10 trail stop and got hit. I'll monitor AAPL and GS closely to get positioned in my Roth IRA. Other than this, I'm still watching NG, but every time I place an order, it just moves away. The Lumber had some dead cat bounce in the last 3 days, which was good, but today started diving again. This was a minimum of 2 year trade, but man, maybe longer than that.