The only saving grace for me through all of this was my DUG (double short oil and gas) which has paid of handsomely to compensate some for this devestation we see before us. I remember the stretch from 2000-2002. I was proud that i had avoided the first leg down in stocks when everything exploded in tech land. But as in all bear markets the temptation to buy too soon is there and i did and proceeded to get decimated. Did not get back even until 2005. But i did eventually. This time i avoided it until last month and with all of you the knives continue to bring death by a thousand cuts.

Big energy is getting clobbered. Mlps not so much. With the dollar now screaming higher i would think at some point 10% +yields in dollar denominated assets would become attractive. But i'm just a lowly mlp trader.