Well isn't this mornings markets a fine kettle of fish...rotten fish..

I believe that fear has taken over and a flight to cash has led to this sell off..and the brokers and discount brokers are calling in margins..as players are selling everything to raise cash...

What can we ,the great unwashed do...nada..zip...nothing,but watch and hold the fort..

selling at the lows is stupid and panicky and a good way to loose your stash..and your shirt..

There will be recovery in this market when the Europeans and the Americans face reality and do something about the debt they have accumulated and can no longer service..except to borrow more to pay off their interest payments..Robbing Peter to Pay Paul.

BUT PDG is standing up pretty well and will again rise to new heights as fear and stress eases..

Just like governments and country's borrowing and issuing debt(Bonds) ,margin players are getting F*ucked with the rough end of the pineapple which I have no sympathy for them..

If you can't play with your own money..get the hell out of the market.

Gambling ,and that is what margin playing is ,belongs in Vegas..

But all market playing is gambling..so right or wrong margin players make up a legit part of the market..but it is not for me...

I believe that PDG will be green at the close tonight..

Portee