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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: John Pitera who wrote (17176)	8/24/2015 10:21:29 AM
From: The Ox	Read Replies (2) \| Respond to of 33421

Let's see where the dust settles. Great opportunities for trading, that's for sure. There are disconnects almost everywhere one looks. I agree that the currency wars that are popping up everywhere are not new but the fever pitch and press is starting to look way over the top bearish. Just how negative the world's economies are at this point is definitely up to debate. A lot of negativity is priced in, especially when looking at the BRICs. I think most of the negativity is very justified when looking in these directions. However, the negativity associated with a lot of the rest of the world's larger economies can be easily debated. On a side note, pretty amazing action in VXX/XIV this morning....fear was prevalent and created one hell of a short term trading opportunity.....interesting that XIV was halted a few times after the market opened. Gotta think that there are a lot who shorted late in the premarket that are now seriously trapped and praying they get one more dip!!!