elebit
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August 14, 2014, 10:06:56 PM

Stamp still trying to break through $520 on weak volume, China trailing even further behind. It would take a brave (or just foolish) soul to go long in this spot. We haven't even seen blood in the streets yet, but it will happen.

I'm still unsure whether we're going to drop tonight, or if we'll move sideways until the weekend. I would guess $400s will happen sooner rather than later though.

Well.. we did visit the 400s, if only briefly.

Does that mean we're free from margin calls now until 450-something? I wonder what could make us take that particular plunge again..?