by Greg Guenthner
Daily Reckoning
Stocks are slipping back into the abyss. Investors are smashing the sell button after a 10-week run that helped the major averages recover from a dismal start to the year.
The Dow coughed up another 100 points yesterday. The S&P has dropped four out of the past five trading days. And the Nasdaq Composite continues to lead us lower, fueled by a nasty tech wreck that’s chopping apart some of the biggest names on the market.
So you have a choice…
You can cash out of the markets, change into your pajamas and cry into a pint of ice cream. Or you can adjust your trading strategies and embrace the volatility.