If copper has been writing the script for the equity market to
follow, tomorrow will be a doozy. We could be set up for one
of the biggest gap downs in a while -- and it could only get worse
after that. This would be a "gap of recognition" and would
trap a lot of people. Not a guarantee, but a
possibility.
Posted by xxnileshxx on 21st of Sep 2011 at 04:38 pm
I agree vix was lagging all day and in the last 1/2hr it moved
to close at more the 4x move in spx in % terms. this does not
happen often. we may be in for something big most likely to
down side.
If copper has been writing
Shock and Awe? Or Awww Shucks!
Posted by kalinm on 21st of Sep 2011 at 04:23 pm
If copper has been writing the script for the equity market to follow, tomorrow will be a doozy. We could be set up for one of the biggest gap downs in a while -- and it could only get worse after that. This would be a "gap of recognition" and would trap a lot of people. Not a guarantee, but a possibility.
I agree vix was lagging
Posted by xxnileshxx on 21st of Sep 2011 at 04:38 pm
I agree vix was lagging all day and in the last 1/2hr it moved to close at more the 4x move in spx in % terms. this does not happen often. we may be in for something big most likely to down side.
Amen brother
Posted by tonto on 21st of Sep 2011 at 04:24 pm
The $Hang Seng will be
Posted by kalinm on 21st of Sep 2011 at 04:31 pm
The $Hang Seng will be interesting to say the least. It will be gapping down into No Man's Land -- horizontal multi-year support.