The market is tanking after (GE) announced earning short falls from its financial sectors. The main reason for the big over 11% drop is there is no fore warning from the company regarding its financial problems. That may indicate other companies may do the same if (GE) is doing it.
Fortunately the trading volume is lower today than the previous day. I would not give up my positions yet until the market is showing some let downs with higher volumes. Hang tight and watch the trend! I believe this could be temporarily sell off. The solar and fertilizer companies are quite strong as compared to the overall market. Perhaps that is where the money is heading toward.
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