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Crash conditions in play...


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#1 tommyt

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Posted 29 October 2018 - 08:42 PM

Anything can happen at this point. It finally got a bit emotional in some of the techs today, but probably not quite enough in the overall mkt yet. Regardless, have your plan and take your shots. I actually plan on buying a few things if one more purge. Most involved have potential tail risk going forward, meaning poot markets have widened out and OTM poots will be a good sale soon if VIX spikes more. A fine example of what little oversold means when an unwind takes place.



#2 tradesurfer

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Posted 29 October 2018 - 09:01 PM

Crash yes, but what is throwing everyone off is that this is a ROLLING crash, similar to 1929.  Huge intraday swings, doji closes, attempted rallies.



#3 slupert

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Posted 30 October 2018 - 07:47 AM

http://www.multpl.com/shiller-pe/