Going to be hell of an opening tomorrow morning. Im sure everyone is piling in on the short side tonight to get ready for fresh new lows on the DOW tomorrow morning, this time we break right through and close at new lows. This time I dont see 7800-8000 level holding, 6500 is where we are headed.
Crash imminent? We have already seen the crash in October. Now, if anything, we will just see slow bleeding until the fed can re-flate the economy, which will end de-leveraging.