Why the delayed crash?

[chasinfla]

Originally posted by rtstrading
essentially happened in July with the mutual fund people bailing out to the record tune of $50+ billion. That was the momentum low for this bear cycle.

Now we have had the dead cat bounce with the momentum easing and a new price low in most if not all indices....the price low, following the mo low. Classic!

interesting. I have this foreboding sense that doomsday (after a fashion) is upon us. Yet, I notice that the volume on the July lows was much higher than it has been of late...confirming (so far) your thesis.

What I take away is this: doomsday may be here, but the short covering rally that comes out of it might make for some serious bungee-style trading.

What's bad about that rally is that we didn't even get three days out of it.

 

[chasinfla]

just a bit easier on the eyes.