Stocks have been selling off but it has been moving above 200 ma. The best thing to do in this uncertain market is be on the sideline and wait till storm passes. There are 4 storms in next two week and its going to be very volatile for even volatile stock. First one was ECB Draghi, "Save Euro" storm on Sept 6th, Followed by Non farm payroll on Sept 7th, German court rule on ESM on Sept 12th and Fed Fomc meeting result on Sept 13th. Just don't loose cash in this market.
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| S&P500 moving above 200 ma |
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| Dow moving above 200 ma again. |
