Euro Crash?

While the level of 50 marks a normal VIX extreme in the mid-80s, a contrarian speculation buy signal, there was one stunning event in history where the VIX actually exploded to almost unthinkable heights. On October 19th, 1987 the VIX rocketed up to close at the breathtaking level of 150! Merely one trading day earlier it had closed at 36, a normal level. Over the next five trading days, the VIX closed above the staggering level of 100 three more times.

 

I hope you realize i was being sarcastic. Thanks for the copy/paste though, here is the link http://www.zealllc.com/2002/crash.htm, Btw this was written literally a couple days before the multi-year bear market bottom of 2002.

 

That's a good one.

 

Gold mining stocks still looking fragile after being slaughtered, sitting right on multi year support (on the $HUI). This could spell trouble for gold and short USD plays.

 

that move in euro and some of the
other pairs was like their version
of what happened to silver prices on two occasions
in the last month in the Asian time zone

 

^vix 50 is a normal level??? where are you getting this information, any spike above 28ish is abnormal look at a chart of 10 years it has been over 40 about 3 times where r you getting these massive numbers

 

the euro tank was awesome. I love 100 pip bonuses.

 

Covered all my 1.4300 level profit targets.....looking for 1.3700's and below for my next level to cover in the months ahead.

http://www.elitetrader.com/vb/showthread.php?s=&threadid=131853&perpage=6&pagenumber=6