I don't know man, I have some pretty reliable indicators that let me know when major changes are approaching in the market and I don't seen any of those for tomorrow. The Dow is at 12,231 now and MOST LIKELY won't go below 11,950 till the end of the week at the earliest. If it hits anywhere close to 12,000 tomorrow or Tuesday I'll be buying long in the DIA.
Vix is below 25, so unlikely going to get a 10% crash today. However if there is a sell off today it could well be in the down 5% range.
You are saying this when futures (YM) are down -100 pts? (DAX -1.6%) At least he got the direction right so far....
"It will be remembered as the Halloween Crash." He did the Crash He did the Monster Crash The Monster Crash It was a graveyard smash He did the Crash It caught on in a FLASH He did the Crash He did the Monster Crash With apologies to Bobby "Boris" Pickett
We will probably see something close to 123x in SPX today, nowhere near a crash. http://www.elitetrader.com/vb/showthread.php?s=&postid=3343516#post3343516 For those that want my definition of a crash, at least one circuit breaker has to happen.