Panic selling creating short term buy the dip set up?

Published 3 August, 2011, 09:48, CEST+1 | By the trader

Greed and Fear at it’s best. Before you start selling in total panic, check the below DAX chart. Short gamma are puking all over the place, in a total lack of liquidity. People selling in agony, are discounting a Flash Crash. For the brave ones (and maybe stupid) , buy this dip, as we should be seeing a snap up.