Went short on SPG today

[Goods]

Short @ 42.59

Another REIT. With the close under 8000 today, more panic time. The thing is, there's nothing left to support a market bottom. The feds have tried damn near everything, outside of cutting rates to 0%, to avoid a brutal recession. The car companies are getting the evil eye in Washington and they may very well claim bankrupt to finally bust the unions. The ripple has the potential to break what's left of the economy's back.
Although I get the feeling we could see a rally tomorrow, I've made up my mind that we will see another 1000-2000 point haircut over the next few months. Maybe I'm wrong, who knows. I've learned not to trade my gut feelings, only the charts. There's just no one buying and lots of people jumping ship. This type of credit freeze is what caused the 1929 crash.

For what's it worth, I daytraded TGT today for (+0.86) I mention it because it held pretty well into the end of the day slide. I hopped in when it stopped making lower lows around 2:40p and the market was trying to rally. That'll be one I'll be watching if we do get a rally.
All rallies right now are great opportunities to get short imo.

[Goods]

covered 1/2 SPG premarket @ 38.70 (+3.89)

Holding the rest for a proper dip at the open. Looking ugly.

[Goods]

Didn't get quite the drop I wanted and ended up stopping out @ 42.37 on the rest. Just missed the rally to jump on TGT too. The pains of having a real job... lol