Black Monday Oct 31, 2011

I don't know man, I have some pretty reliable indicators that let me know when major changes are approaching in the market and I don't seen any of those for tomorrow. The Dow is at 12,231 now and MOST LIKELY won't go below 11,950 till the end of the week at the earliest. If it hits anywhere close to 12,000 tomorrow or Tuesday I'll be buying long in the DIA.
 
Quote from futuman:

Nitro, I think you are as wrong as you can be.
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Vix is below 25, so unlikely going to get a 10% crash today.

However if there is a sell off today it could well be in the down 5% range.
 
Quote from futuman:

Nitro, I think you are as wrong as you can be.
More...

You are saying this when futures (YM) are down -100 pts? (DAX -1.6%) At least he got the direction right so far....
 
"It will be remembered as the Halloween Crash."

He did the Crash
He did the Monster Crash
The Monster Crash
It was a graveyard smash
He did the Crash
It caught on in a FLASH
He did the Crash
He did the Monster Crash

With apologies to Bobby "Boris" Pickett
 
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