May

21

 It is amazing that Zachar out of the clear blue sky with only disinterested sagacity predicted that the S&P would totally retrace the loss of 100 points on that memorable Thursday, May 6th. He called for a Millstein which is the technical name for a fluke error in price that shows on the screen that fortunately wasn't true, and then while you shake your head and tell the wife that it was just an error and she shouldn't worry, and you relax and take a break perhaps, even get a little shut eye, sure enough like a horrible incubus the price goes back exactly to that unthinkably terrible level. SPU's did it hitting 1060 bid at 1170 for one split second during the carnage as brokers liquidated the last poor victim of over leverage, and then snapped back to 1140 when Zachar made his amazing unqualified un el erian who has so much to gain with a prediction of that nature, prediction. Touche. Bravo. One of most amazing things i've seen in my career. At 1940 May 20, the S&P traded at 1061.50 which is as exact as it gets.

Alex Castaldo adds:

Here is the headline that came through on May 21, just like Mr. Zachar predicted:

BN 7:45  *JUNE S&P 500 FUTURES FALL BELOW LOW REACHED DURING MAY 6 ROUT


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