IWM and its inverse TZA Q4 earnings reaction

Q4 earnings never had so much at stake. If they disappoint, with the bulls looking for a savior worldwide, and with only that to save them, it could be reactionary, systemic, panic to safe haven, cash, low yield bonds. Never here before sydrome. No more rabbits (FED), no more Arrows (Abenomics), and a ECB that simply cannot agree on if the sky is blue, enough to actually stimulate constructively. There are now two economies folks. High and low, two consumer groups, those that have gained from this market bubble, and those who have not. Do not expect the low end to support a holiday season spending spree with what they DO NOT HAVE or with what they have now saved, with no credit, and no equity ATM homes to borrow from. Its like the mother of all Bollinger bands tightening, and either we are in denial, or just stupid, or both. I think the IWM represents risk on, and it is now risk off. Maybe some blue chips and defensive will survive, but this could wind up being a 20 to 40% correction in the IWM, and whatever risk there is in the SPX and Dow will suffer likewise. Blood Red Moon is Wednesday (tomorrow) . There was a time when this kind of talk was simply foolish. But not any more. Be careful.