Black Thursday - This is where the real discussion takes place

IMHO VIX is too high for a major down day. Barring a nuke explosion somewhere, the market will try to work its way up in the coming week deflating VIX.
 
Yesterday's rate cut and today's bailout plan for bond reinsurers are probably gonna keep the market in bull mode for a few days, before everyone realizes that the problems are still there.

Or... we could have another bubble start and delay the crash a little longer...
 
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