When Will The Pigs Get Slaughtered?

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October 25, 2008

With sentiment indicators off the chart that at any other point in time would have produced an epic short squeeze, everyone and everything I’ve read is and was predicting a crash today and/or Monday.

Everyone everywhere online is expecting this now. They are piling into shorts even here where the  indexes, inverse ETFs, the VIX an VXN both making new closing highs, all above top bollinger bands as well as doing so on declining relative strength and declining macd histograms.

The NDX is down 37% from September 1st and down 45% from the November 2007 highs.

The RUT is down also 37% from Sept 1st.

I’m wondering when all this shit is going to take over and crush the dumb money going short right here when the market is already down this far into this move.

So I ask, When will the pigs get slaughtered?


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Very Nice Down Day
Financials, Leveraged ETFs, Leveraged Funds, Trades
Well the shorts worked out great today. The RUT was good for 7%, and the NDX was for 4.7%. I like to eat whoppers and we got one in the market today....

  • http://www.firecreeksystems.com stocks

    Only loosing 300 friday with the expectation of 1000, it may bleed over to monday. Maybe then?

  • http://Govanerd.com GovaNerd

    Last night I woke up with a soar on my back. I looked in the mirror and I had the letters 'VIX' scratched into my back. I think its an omen. I need to upload the photo, its freaky.

  • http://www.stockrake.com StockRake

    I don't know if that is good or bad omen :D .

  • http://www.stockrake.com StockRake

    I don't know if that is good or bad omen :D .

    I'll hope for good since it could be saying, look to the vix for the answer.