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Melting "up" is just fear as well. Both a melt "up" and melt down happen fast. Low Vix and complacency is a myth. Boldness develops as the "fear" of poor returns sinks in. That's why an edge exists at the edges of "fat tails." When the hundreds are flying it is easy to pick up a few. When...

Shorts paid again today. I have sold most of my short position. Holding a little more just in case we move down more but will load again if we can rally higher to 1150ish to 1200 range. Good Luck

GDP numbers---rally. Like out of a broadway script.

You mean down? That is the trend for now until it ends. A stampede although unlikely---given open market operations at present-- we are due sometime this year. I think we go back up to new yearly highs to suck up more money over the next few months, then chop, then wham down 15-20% late...