The market continues to feel the impact of the european crisis. Investors took to selling and taking out profits as fears that other countries have debt issues that they have to deal with. Investors are skeptical that more bad news is around the corner.

Looks like we are likely to see a repeat of historic lows of 2008. One of my good friends once predicted that the Dow will hit 3000. I said he was crazy. Who knows, maybe going short is where its at.