Black Monday

[Autodidact]

PR has a labor participation rate in the low 40's and hasn't been above 50 in the last 60 years.

It's the definition of a welfare state

A great deal of Puerto Rico’s debt is held by U.S. investors, either through mutual funds or other investment accounts.

It is indeed a big deal.

 

[jimmyjazz]

VIX futures are still rising.

Got a recent number on ^VIX? I'm long July $14 calls. Need some good news.

 

[volpunter]

The underlying metric of VIX is not $. It is a volatility measure...

Got a recent number on ^VIX? I'm long July $14 calls. Need some good news.

 

[Butterball]

Anybody have an FDAX quote? They easily do a 3% move while sp500 does .75%.

EUREX not open for another hour, but early indications around 11050, so down about 3-3.5%

 

[jimmyjazz]

The underlying metric of VIX is not $. It is a volatility measure...

Just habit. Long Jul 14 calls.

 

[S2007S]

Never seen this board so active. Amazing ....I think its time to embrace a 30-40% drop after a 220%+ rally.....why is it that no one embraces a correction ...they are actually healthy for market cycles to exist ....

 

[Autodidact]

Never seen this board so active. Amazing ....I think its time to embrace a 30-40% drop after a 220%+ rally.....why is it that no one embraces a correction ...they are actually healthy for market cycles to exist ....

If a 1.5%-2% drop from the near top gives you a signal for a 30-40% drop, I want your indicator.

You got any idea how many uptrending moving averages you got in all TFs past weekly?

Don't be so naive, we seen all this crap ever since 2010 when we started rallying.

 

[sheda]

Been warned not to swear, I wish I saved some swearing for the daxDDDDDDD

 

[Tavurth]

I'd thought that the board was so quiet because everyone is making heaps of cash from the liquidity. Then, I realised everyone else is asleep. Hope there'll be some left when you wake up!

 

[pauk]

Dow should recover this drop within a few hours