I hear you ,, also rather than as a contrarian indicator,, to puts and calls ratio,,,may be the trend is telling us that indeed market is headed lower,,
So far SA ,, prediction on Russia,,,Rouble devaluation,,, Japan not supporting yen,,, Asia ,,,
Now,, we see a POSSIBLE Chinese devaluation ,,, Ford walked away from Kia ,, even though they have 17% equity ,, which means they are willing to write it off ..
Yen closed at 144.3 ,, Monday ,, we might see 147 .. as most of Asia works on Saturdays ,, they will have a plenty of time to see and reflect on the wild ride we had today ... and what a ride it was...
Now as for Ladin,, what if we had some bombs go off this week end ,, in major EEC capitals ,, targeted against US interests,,, if you are travelling ,, please be careful... as Ladin has Arab fanatics,, in every city .. such as American Express offices,, CitiBank branches,, Avis and Hertz rent car stands...
Be on guard ,,
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