Where Are All This Week's Black Monday Threads?
- Thread starter cstfx
- Start date
I've been wondering where all the Bank Closure threads have gone too?!
Interesting to note that since October 2008, the VIX has been in a range of 37 to 96.
Friday's close of 46.35 is in the lower part of that range.
Although the VIX is just one indicator, to me it suggests that there is a fair amount of complacency, despite the Dow and S&P 500 closing at 11 or 12 year lows.
Friday's close of 46.35 is in the lower part of that range.
Although the VIX is just one indicator, to me it suggests that there is a fair amount of complacency, despite the Dow and S&P 500 closing at 11 or 12 year lows.
There is no proof that Monday will be Black Monday. If anything I bet we close in the green in a reversal of last weeks sell off.
We're oversold.
We're oversold.
Every Monday, Tuesday, Wednesday, Thursday and Friday is Black so no need to post the warnings anymore 
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Sound familiar? If history is any indication, now is the time to buy.
Sound familiar? If history is any indication, now is the time to buy.
