Whew - Close call

The decision to sell early this morning turned out to be the right one.  I saved a major hit to the portfolio by going to cash.  Even strong players got hit hard today.  Generally down days come in threes.  So expect to see more downward pressure.  Since the DOW got rejected at 12,000 I expect a pull back, some consolidation, then another attempt at breaking 12,000.  Be careful, and make some money.