I'm not looking to go heavy in today. We will start the day down (as has been the case). I don't expect a rebound like we saw yesterday. Check out my twitter for some good articles about how the S&P may go down to 4,000 (which would be an additional 10% move down). I talk about how I think $UVXY will go crazy today (already up 10% in pre market) and UCO/SCO may be good trading with oil fluctuation.
For long buys, I'm going to nibble on some $FB and $MSFT even though I think they may still have downside, I can move in with little positions today to dollar cost average.
Daily Stock Picks