By today, a lot of trading desks are being manned by the kiddies as the Head Traders and their Number Ones are on the way to start a much needed Labor Day vacation. The markets may be burning down but the fire brigade is pretty much out of water and missing buckets for the rest of this week. The standing instructions on Wall Street for the next few days are
No, you don't have a capital commitment to play with.
No, you can't add to any positions.
Yes, you may liquidate after you get my okay -- assuming that I have a signal at the beach and am not passed out from shots of tequila from last night.
Maybe we get a relief rally today? Maybe another dead cat bounces? Maybe it's all a head fake and we start out with promise only to have our hopes dashed by the close? As Brittany Howard of Alabama Shakes wails from some deep, amazing place in her soul: You got to hold on when the world ain't treating you good, you got to hold on when everyone looking at you funny: