guys, do your thing but we are entering a terminal crash. Jo can probably only be forced down to 2800 but as I justifed! my enormous FTSE short yday the FTSE is crashing to 3345 based on their banks. The carnage won't end until we have sp500 down in the 500 area and FTSE in low 3s. You take a long here and your fighting the tide.
No way we get breakout higher here now. All those millions of players that called the bottom over the last week or 2 are are scrambling. (and for the record I reckon we'll see the stalwart QBE destroyed by March as its slowly crystalised that even well run businesses will have their revenue crucified.)
No chart. sorry.
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