Market Meltdown in October?

Discussion in 'Trading' started by shortie, Sep 6, 2008.

SPY by October 31 from current level

  1. Drops 15%

    34 vote(s)
    33.7%
  2. Drops 7%

    17 vote(s)
    16.8%
  3. Drops 3%

    8 vote(s)
    7.9%
  4. Flat

    7 vote(s)
    6.9%
  5. Gains 3%

    13 vote(s)
    12.9%
  6. Gains 7%

    13 vote(s)
    12.9%
  7. Gains 15%

    9 vote(s)
    8.9%
  1. yeah, i just don't think we could put everything behind with one day rally. and russia dropping 17% can't be a good sign.
    we need several panicky days to get to the bottom. i would say monday was quite panicky, but today all the panic was gone once the market opened - just too easy for the bulls.
     
    #31     Sep 16, 2008
  2. capmac

    capmac

    Is this the meltdown before the actual Oct meltdown ?
     
    #32     Sep 17, 2008
  3. Ouch! SPY -4.5%, VIX 36+

    We gonna need a bigger boat!! :cool:
     
    #33     Sep 17, 2008