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[nimblebear]

its down around 2000 and change. Its also down more 65% since the fall. Surprisingly this hasn't triggered an onslaught yet worldwide, but i believe it could be a trigger in a very tenuous US market. The Naz 100 broke major support.(as Ive stated before and been forecasting). Today could be velly nasty. I'd keep an eye on the shang hai. My gut tells me its telling us something. I see another 20% drop, and it could happen quickly. Then you could see this market start dropping a lot. the LEH situation is pretty stark, and once the sheeple start to realize that bear stearn really was just the beginning and not the end, i think we start having the boomers say " I WANT TO PROTECT, what's left of my 401k" or my stocks and portfolio in general. Also the vix is going to get a little crazy here. good luck trading.