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To: Crimson Ghost who wrote (113253)7/18/2001 2:32:09 PM
From: pater tenebrarum  Read Replies (1) | Respond to of 436258
 
i have no doubt that the market is drifting toward an illiquidity, several sigma, panic event. the only issue open to debate is the timing imo.



To: Crimson Ghost who wrote (113253)7/18/2001 3:00:57 PM
From: yard_man  Read Replies (1) | Respond to of 436258
 
This is also my expectation -- and I agree VIX at this level really signals complacency.

The quick symettric reversal in the TIC today, I think signal some trouble near term ... as in DOWN.


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