Capitulation

Too funny!
Nice keep up the good work....

 

LEH. BSC. MER. gone


GS and MS only 2 left. GS earnings this week, should give us a clue of where they stand.

 

You forgot Countrywide, Thornburg a a shit load of regional banks around the country. We had a few shut down in my state in the last couple weeks.

 

Yeah cannot forgot those as well as the regional banks closing up. I mean in a few years this financial enema will have some good results but right now it is still brown water.

 

ES 1210.75

 

Capitulation?

I don't know. If this is the bottom there is still a surreal calm to the whole affair. I mean we just reshaped 150 years of financial dominance and stability in 6 months.

 

If the VIX hits 35 then I will indeed close my eyes and go long calls on brokers & financials, and a crapload of Yen, bond, and gold puts.

 

I wish you best of luck in your future endeavours. But I suspect they won't be in the trading arena anymore.

 

vix nees to hit 39 to 40 for violent capitulation and reverse.. its still pretty early to get long

 

IB changes margin policy. this is more accurate than the vix