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Monday, 08/08/2011 8:24:48 AM

Monday, August 08, 2011 8:24:48 AM

Post# of 51804
And the carnage continues

The futures markets continue to make a waterfall pattern. There is no indication the rate of decline is slowing. Until then it's all waves 1-2 of many degrees, with 3-3-3... still to occur. There have been 10 days closing outside the bollinger bands. The probability of this happening are less than 1 in 25000. It's not a black swan, but it shows how using probability as a technical indicator.

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