Markets took it on the chin????

Markets closed near low of the day......

Drop was in straight line...down , down & down into close....

Dow ended down 2.43% ....

Why the drop?

Financials went UP like crazy...so it had to correct in a hurry....

In my portfolio :

Bought RIMM cost $115.50

Bought F cost $5.06

Portfolio is F,SOL & RIMM......

F rating 80/40 target $5.75

SOL rating 45/90 target $20.06

RIMM rating 70/75 target $125.42

All solar except FSLR went down on low volume......touching recent LOWS????

AH CROX warned ...down 50%

AH JNPR raised guidance UP $2

POT ER failed to sustain AG and they all turned south with exception of MON which I follow...

POT selling was a classic sell the news in a bearish environment...AGU broke down badly...a technical breakdown near 50 DMA?????

Still too much hysteria by CNBC about Steve Jobs health???? leave the guy alone..he needs to recover from whatever is troubling him.......AAPL down $7????lowest RECENT close ????

BLOG does NOT give buy or sell.

Saleem