August low will be the key of course. If we are to get a crash...

August low will be the key of course. If we are to get a crash then this is the time (over the next few days). I smell panic in the air. If they go below that low and the Fed doesn't set up an emergency meeting to give the rest of the .5 rate cut they should have done then yes it's crash time. Trouble is it's probably too late - unless they give a 0.5 cut and sacrifice the US$. They can't have it both ways. They are in deep shit but we already knew that.