anniversary of oct 12 02 low DJ 7200 .... oct 9 07 high 14400...

anniversary of oct 12 02 low DJ 7200 .... oct 9 07 high 14400 (?) ....... 2008 ?

Seems like lunacy occurs in regular cyclecs.

VIX thru 60 ... now THIS is capitulation mode

OK 9500 dissolved like snow in Alice springs and heading for 8150 ... or will "A" wave low 7200 see it out ....... megabear C-3 in motion

There should be a strong rally after this S/T chaos but it wont be the end of the secular megabear ... punting on 2013-14 for that but not as violent as current period to mid next year methinks

The global gurus are meeting tonite. maybe they should follow uncle Alf's suggestion and impose a banking holiday ala Sep 11 - 23 01 style so we can all have a psycho break (?). He reckons we need enuff CASH on us for the interim grocery bills if so.

Wonderful med-term buying opportunity for them with any sanity / cash left tho .... but theres gonna be a host of hedgie defaults happening thru this so u wouldnt fire til u saw the lights of their eyes.

IMBOOC