Capitulation

Are you watching CNBC? We are in capitulation. Vix at 35 tom. I'm long everything I can get my hands on at 10 A.M.

 

Not yet. Wait

 

you're a joke. dow futures down a shitty 280. get us down 1000 and we can talk

 

wouldn't it be better to see the s&p get between 1160 & 1060 ?

bgp

 

I also believe this is capitulation of the credit crisis. Not that I'm changing any of my bets though.

 

yes piggie, i agree.

bp

 

Say what you want. Something tells me you'd like to sell me everything you bought Friday at 2:55. That's sucess.

 

Another short-term capitulation? We saw it on jan 22/ mar 17/ jul 15/ sep 5, yet it's not over.

 

Of course it's not over. But for the time being it works.

 

We didn't see anything on those days.