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With the VIX this high, could we be in C down instead of A down in an ABC correction.
I don't think so, but I'll let Steve chime on that one. Anyway think about this, if this is A down, then tells you just how low the markets could go next year during the bear market.
It would be one huge A, what would you expect for a B bounce of A is about complete 2500-2700.
Thanks, I need to get rid of a few longs
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With the VIX this high,
VIX, Dow etc
Posted by oatdust on 24th of Dec 2018 at 01:10 pm
With the VIX this high, could we be in C down instead of A down in an ABC correction.
I don't think so, but
Posted by matt on 24th of Dec 2018 at 01:16 pm
I don't think so, but I'll let Steve chime on that one. Anyway think about this, if this is A down, then tells you just how low the markets could go next year during the bear market.
It would be one huge
Posted by oatdust on 24th of Dec 2018 at 01:31 pm
It would be one huge A, what would you expect for a B bounce of A is about complete 2500-2700.
Thanks, I need to get rid of a few longs