Saturday, October 13, 2012

66% of A Major Crash?

SP-500 (Yearly)
(Chart From Zerohedge)

  • Last 2 times we saw an 808 point climb in the SP-500
    • Major crash came soon after
    • Will it happen again?  
    • We will know soon...Keep an eye on the NYSE
    • Time to buy the Vix as a hedge if you are long
NYSE ( WEEKLY)

  • NYSE is Neutral on the current read
    • Break in the red line
      • Market will see new lows
        • Dow below 6k
        • SP-500 below 600
    • Break in the green line
      • Market will see new highs 
        • Dow over 14k
        • SP-500 over 1500