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!

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