We're in Danger of Being Blinded by Market Bottom Predictions [View article]
When the VIX went to 100 we had capitulation! You’re looking for something that doesn't exist due to the influence of short ETFs and the lack of an uptick rule. This isn't your father's market.
On Mar 26 10:41 AM j_remington wrote:
> we have yet to clear the bear because there has been > > NO BROAD CAPITULATION i.e. panic selloff > > Retest near the low or at the low or below the low will happen within > 6 months.
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When the VIX went to 100 we had capitulation! You’re looking for something that doesn't exist due to the influence of short ETFs and the lack of an uptick rule. This isn't your father's market.
Mar 26 12:03 pm
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All Comments by BM1087 »We're in Danger of Being Blinded by Market Bottom Predictions [View article]
On Mar 26 10:41 AM j_remington wrote:
> we have yet to clear the bear because there has been
>
> NO BROAD CAPITULATION i.e. panic selloff
>
> Retest near the low or at the low or below the low will happen within
> 6 months.