by Das Brain

Currently the Dow, S&P and Nasdaq are down big. Watching Bloomberg news at my trading desk here Bloomberg has announced that it is officially a 10% correction.
This fits one of my criteria for buying quality stocks or options as outlined in my post “When to buy a stock or option – Market Timing”

My gripe with TD WaterHouse Web Broker Trading Platform (Canada) and the way they route option orders has hit an all time high.
Over the last week, all the U.S indexes has been hit by a sell off of around 6%. Apparently, the jitters are over the sub prime loan issue problem that has hit the U.S, where low income high risk borrowers are having difficulty making their mortgage payments. A large amount of these borrowers are losing their houses and therefore getting out and selling their houses driving real estate prices down in some states.





