Quote from Lawrence Chan:
At 3% drop, it is not that easy to take out 12-13.
It is also the 50% of RTH.
If 12-13 sell off leads to new low today, you can expect 680 by close.
Jaha, this is how the REAL panics are made. Remember what happened in October just prior to that massive selloff? I bet it took more than just a few bulls by surprise.Quote from Jahajee:
YES!
Let's have a 30 point whoosh down to end the day.
This is too quiet for a bear market low or even a ST low.