i hate to even say that but if this crash is half as bad as it looks,alot of death benefits are going to be voided.
this has to be one of the funniest threads i've seen on ET. panic is high... either it crashes, or we bottom here.. its definitely a capitulative event.
Respectfully disagree scriabinop; Dramatic, yes, capitulation, nope. Capitulation will occur when buy-the-dip mentality is scared, after they have incurred the wrath. A level 1 circuit breaker day will assist the process. Not saying there won't be an oversold rally in the near-term, just that declaring a definitive capitulatory bottom is not prudent. Osorico
maybe you're right... but we have the makings of a capitulative day.. i can certainly say that 'buy the dip' is very scared already, though. Much much more than in August.