08 November 2007

Watch Out Below

The Naz just getting absolutely pounded as no one wants to own tech now...GOOG down a cool $50 bucks and when was the last time AAPL was down $10+...definitely pulling in the horns here as the idea of trying to scalp in here (up or down) has me feeling nauseous...the VIX just screaming higher...we've gone from overbought readings to very oversold readings in just a matter of sessions...I would assume we will stabilize in here above 2100...is that all she wrote for the bulls?

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