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RIO gapped the neckline down today. Expect a big move down now as this institutional favorite gets demolished. I expect a Lehman's moment in the big miners anytime now with Glencore imploding. BHP and RIO will get hit also as the derivative positions in the commodities space unwind in a disorderly fashion.

Comments

Tim KnightTim Knight
One of my many shorts, Mr. Spock! 9/28/15
Dr. MerkwürdigeLiebe BlauDr. MerkwürdigeLiebe Blau
Congrats Spock358... 9/28/15
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