MORE NOON SWOON

Well if you shorted Haines's nonsense you now have food money for a month. Comical how these guys see a bottom every time the DJIA is "off the lows."

Speaking of off the lows,the NAZ/NDX is having a tough time keeping up with the bigger indexes as safe haven big cap tech stocks are trading as follows-today:

RIMM-9.6%

AAPL-16%

GOOG-8% (bubble like)

AMZN-8.5%

So any chance these stocks were owned for long term fundamentals or Cramer momentum? From the highs - their performance is as follows:

AAPL -36%

AMZN-30%

GOOG-28%

RIMM-40%

Anyhow, the DJIA is -175 and SPX -23 - the RUT/IWM, which has been the hardest hit major index since the swoon began is actually acting the best the last few days and only down 1.3% on the day.

My take is bottoms are processes and this process is taking its time working it out- all in good time and I think we are near the end of the carnage in light of the biggest winners now crushed.

I am gonna sell the last of my QID before the day is over and will look to slowly scale into some longs.