UH -- Good advice. This is a time all investors should stay within their game not the time to boldly go where you've never been before. Right now the number of investments I won't touch at his time like shorting oil is getting fairly long.

I've been thinking about GRZZX too. Right now it is performing well beyond my expectations. It gained 4%+ yesterday. Good short selection.

The credit crunch looks like we may be headed into a sequel which nobody paid attention to while everyone focused on the Fed. One problem all investors may have is the monofocus on the businesss news such as CNBC et al. Rather than balance the news with multiple stories we seem to get an obsessive focus on one story of the day. If there is any edge in this screwy market it probably comes from realizing that the news story in front of you on TV is not the "next" problem or opportunity. It is the one coming from the side street that no one sees until it broadsides you that keeps buffeting this market. I try to look both ways at every intersection these days.

Yesterday was not a capitulation day either. It is a bit early but futures show no bounce as of 8AM. That is a bit surprising given the selloff yesterday. Normally I would expect to see an opening rally that fades by mid-day. Perhaps we will see some short covering as the day goes on.

In the meantime Angelina Jolie has a new action flick opening today and perhaps I will see a matinee for "intellectual" stimulation.:-)