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| Subject: Stocks getting UGLY Wed Oct 15, 2014 3:36 pm | |
| Some advice given was that if it drops to 15,000, buy food and ammo! http://www.zerohedge.com/node/495727 Stocks Are NOT "Off The Lows", AAPL Slumps 3%, Dow Under 16,000 As Liquidations BeginDesk chatter confirms liquidations are occurring ahead of expected margin calls later in the day. This is evident in widely held stocks like AAPL which just plunged on very heavy volume and has dragged the "off the lows" bounced US equity indices back to their lows of the day... AAPL in trouble... Dow back under 16,000 Brief USDJPY-driven v-shaped recovery sent S&P back to VWAP (to enable some institutional selling) but that has given way now that pre-emptive liquidations have begun... Average: |
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| Subject: Dow Drops 1500 Points In 3 Weeks, Nasdaq Enters 'Correction' As VIX Breaks 30 Wed Oct 15, 2014 3:37 pm | |
| http://www.zerohedge.com/news/2014-10-15/dow-drops-1500-points-3-weeks-nasdaq-enters-correction-vix-breaks-30 Dow Drops 1500 Points In 3 Weeks, Nasdaq Enters 'Correction' As VIX Breaks 30From 17,350 intraday highs "proving the recovery is here," we are 1500 points down just 3 weeks later. The Nasdaq just fell 10.5% from its highs, officially in correction. VIX broke above 30. Perhaps, just perhaps, the gap to fundamentals is finally about to be filled... Dow ugly... Nasdaq in correction... VIX breaks above 30.. Average: |
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