I believe we are about to see the sharpest sell off of the bear market in the next two hours. There is a possibility S&P may undercut 900 intraday.
If it happens, most of you will remember this for the rest of your lifes. I definitely will. I think this is the time span we come across in books and memories of those who capitalized on such moves. Livermore, Tudor, Soros . I am not betting on it, because I placed my bets long ago...
I placed orders to cover under ES 900, every 10 points in case it happens. I may change them based on new developments but if the market starts to move faster than my typing skills allow me to enter orders, you know that I am there covering between 850-900. Otherwise, I will post my exits as usual.
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