You got it. Every stock sinks in a down market. The golden nuggets (nice metaphor eh?) are then sought out and bought on the cheap. They are also the first to rise. Here is one more chance dealt us by the greater market to pick up some more shares.
All this driven largely by a Chinese trade deficit number and Libya. As I have warned before, we need calm markets. Even as Kherson pointed out, his oil stock took a beating with oil going north of $100/bbl. Go figure.
As an investor you have to be prepared to ride out events like this week. Next week will give us something different. Accept and roll with it.
And for anyone taking personal shots at others on this board, exactly what are you trying to accomplish?? Let's not let this board spiral down like the sandbox that is SH. Keep it friendly and professional.