What we’re now witnessing is a full-fledged selling panic, with today’s extended selloff likely due to some well-earned investor profit-taking, but also likely due to hedging and short selling by long-suffering bears.
Biographical Note: Dateline Award-winning music and theater critic for The Connection Newspapers and the Reston-Fairfax Times, Terry was the music critic for the Washington Times print edition (1994-2010) and online Communities (2010-2014). Since 2014, he has been the Business and Entertainment Editor for Communities Digital News (CDN).
A former stockbroker and a writer and editor with many interests, he served as editor under contract from the White House Office of Science and Technology Policy (OSTP) and continues to write on science and business topics. He is a graduate of Georgetown University (BA, MA) and the University of South Carolina where he was awarded a Ph. D. in English and American Literature and co-founded one of the earliest Writing Labs in the country. Twitter: @terryp17
