Mish- When do you think the dip buyers wake up. I would not want to be long this weekend. 1200 point down day take DOW to psychological important 25,000. I will stay long 77% cash and long 23% miners. This is great theatre.

50, 100 violated. Trip to 200 ?

Mish-- Second thoughts on your slow crash thesis ? IMHO, feels like the 200 day will be tested. If slices below 2425/2480 may be the next stop. Thoughts.

Following that previous conversation I started, I wrote a text document on my website for you, Mish & others, outlining the facts as to why it's going to crash very quickly. Remember to tell yourself it's all mostly margin cash!
http://www.rayner-hilles.com

Right now it seems we are back in rally mode but I do not expect it will last