If we DO get that rally, I think I'm going to try to lighten my foreign positions a little.  Not buying more just yet; I want to see if the support level holds.

We're all watching our markets slide but, since we're in the US, I assumed that you meant our domestic markets' support levels. I don't understand... which market(s) are you focused on? You finish with your comment about selling into a rally --but selling your foreign positions. Can you please clarify?  Are you referring to domestic or international markets? Or all of them? If you're selling your foreign into a relief rally, are you also selling your domestic equities, too?

For the moment, I am watching to see how things pan out. I really don't want to sell positions as a defensive knee-jerk reaction but, then again, everyone's gloominess is beginning to depress me. I also don't like losing all of my YTD gains in a single month.

Regards,
Susan