fair enough.......i remember `98/`99 markets very well with LTCM ready to take down the system with their exposure & Goldman/Corzine flying over head like voltures looking to pilliage.
Thai baht & LTCM stole the headlines......those were some fun times.
If we don't close this morning's downgap then we have an island reversal (last 3 days up, now down) with a gianto double topo in place too.
Last time we had the very same combo 11 days ago on a smaller scale we dropped 50 points. Since this is a larger one this might just signal the very end of this rally...
here is a h and s on the 1 hr , hi to lo was 923-897, 26 points , break at 892 gets you 866, this thing was battling at 863-868 before this last up move