Patterns repeatCompare the chart of mid-April 2010 S&P to July 1 with FAS Mid Oct 13th to this mornings low. Flash crashes are in the same place, July low equals this morning low. Different time scale, same pattern.
FAZ should test today's lows $12.40-50 or so then up it goes again to the $13.20 area. From there likely it drops back down into the $11 area next week (at the current pace) for the last chance to buy before the crash.
Likely 2 tops are in place now of my triple top pattern, one more to go. Crash after that.
SC