BSNBC's Blog : Big Move Coming?

SPY will correct 14% from the current level of 109.81 if that happens, so 95.5.

I agree that the markets are very risky for long positions. All with a grade E.

market should get very volatile before the move.
it looks like a few weeks away.

it's possible that the market could move up. the VIX could easily head down. we don't know yet.

markets should get pretty volatile either way, if VIX is going to move.

There are a few trends in the market. Chinese auto, internet, and some metals.

Actually, some fokes "know" ...and some don't....and to the ones that don't I say this >>> "Oooh mayun....ifn you ONLY "knew" *-) I promise to do my best to make today and Mon 2 daze ya'll will recall. :-) 3J

jojojo are you waiting for dow at 5000 - it looks that way or are you smoking great stuff - like they had in dorms

Nuphin that SIRIous just yet. I doan "expect" the "majer" selling that will take the majer indimacies to new lows to begin until the Wall St set figgers out that the American sheeple are ALOT smarter then they wuz pegged fer. Thur will be selling into the midterm erections since the Wall Streeters "know" it is the best chance o'taking back the House n Senate from the Dems...Butt!...I'm wreckin the voters will setup a "balance o'power" which will be a defeat fo the Wall St criminals. The end o'the year tax loss selling will actually set new lows in the indimacies. Right cheeeya right now I am only "expecting" no mo than a 10%-15% correction at best. SSO (the leveraged SPX trackin ETF) fer instunce is gonna break belowst 33.40. :-) Of course it is still unclear whether or not the SPX, INDU, and Naz highs will get retested foist. We will know today however as the only sexy VIXen o'the 3 sisters that has yet to confirm recent lows amongst VIX, VXN, and VXX is VXN. The bulls had better show a tad mo conviction than they haz so fer....thaaas fo sho. *-) 3J