But there is still time.
12517.94 is the August low.
Now we need to see some REAL FEAR. VIX spike, etc.
Edited by ogm, 09 January 2008 - 02:09 PM.
DOW breaks August lows.
Started by
ogm
, Jan 09 2008 02:07 PM
3 replies to this topic
#1
ogm
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Posted 09 January 2008 - 02:07 PM
By less then a point so far
But there is still time.
12517.94 is the August low.
Now we need to see some REAL FEAR. VIX spike, etc.
But there is still time.
12517.94 is the August low.
Now we need to see some REAL FEAR. VIX spike, etc.
#2
skyymaster
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Posted 09 January 2008 - 02:21 PM
By less then a point so far
But there is still time.
12517.94 is the August low.
Now we need to see some REAL FEAR. VIX spike, etc.
Are you kidding? They got the bulls trained, man. They gonna buy this thing at key numbers. Vix ain't budging until we have a waterfall, Niagara style.
People should not be afraid of their governments. Governments should be afraid of their people.
Remember this day, men, for it will be yours for all time.
Remember this day, men, for it will be yours for all time.
#3
SandStorm
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Posted 09 January 2008 - 02:29 PM
VXN is creeping up faster though net yet at previous "fear" points. It's amazing to see the market taking it this calm.
#4
ogm
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Posted 09 January 2008 - 02:30 PM
Are you kidding? They got the bulls trained, man. They gonna buy this thing at key numbers. Vix ain't budging until we have a waterfall, Niagara style.
I'm pretty surprize how orderly this dump is.
I want to see chaos. VIX spike. Then we're close. As long as we keep declining like this with orderly bounces and slow errosion, I don't want to risk money long.
