It's different this time

Sorry, I'm in a jokey mood.Today, The great Art Cashin was talking about capitulation Monday Tuesday.... BTW this is the 50'th time, he has said this... doesn't mean it won't happen but, we are 3-5 days from that on the VIX and VXO.

With the redemptions this week "assuming it's redemptions" we could get more on Monday and Tuesday. It's also possible that the hedge funds are in aversion mode, and that its a sign of capitulation.

It's funny Barry was on bloomberg saying "we havn't had enough negative sentiment", I just.... WFT We have seen some negativity. People use quantifyable metrics like "2 big days of selling" or Vix at 45... problem is if you could have a number and say "Bottom" this would be Too easy a game.