[9:18] 1314?
This look ominous out there. Not worried about the VIX anymore. This downdraft is showing some real strength. As it goes, I see 1200 more likely than 1260, but I'm as fickle as a pickle. I'm ready to short the shit out of it now, this is fear and as long as we stay below the 20 on the 4 hour scale, I say it runs. We might rally a little off the open, but it's probably just a head fake. We have broken out of sub-wave scale, and there is relatively little chance that we bounce off these levels to new highs. A lot of things are threatening to cross, a GIANT drop would not surprise me.