Bri: No, these sell offs are largely profit taking motives by individuals with a whack load of shares or by large mutual funds. and today's was even more stupid- an anticipation by the FED to cut rates to so that capital is cheap. No market is always green costantly. We are still safe at this point and judging by how the market has been reacting I am not worried at this point. See how the smaller guys like us are shaken off by the market? We like to think it's a selloff when it's not. Well, I really can't say whether we are in a downtrend or not. All I do is follow the market. If it's going up, fine I'll go up. I'f it's down, I'll slide along with it and make several shorts. If we see closer, the market gapped down but the buyers always manage to push it up. And as far as my positions are concerned, yea, I've been taking a hit but I'll see if I can do anything today by afternoon. If the stocks head higher towards yesterday's close then I am not gonna touch them. If they head lower, then I may simply havve to look for better opportunities. A good reasoning is tht market seems to fall twice or thirce the rate that it rises. But in the long term, it always seems to be going up. but tht being said, don't keep on losing money- preserve it. So, conclusion? We're in a healthy uptrend. Every healthy market chokes once in a while- doesn't mean it's ICU :D