Every big down day with futures falling further is followed by...

[Lucrum]

Most of the big down days that were followed by an up day were accompanied by a volume spike. Something well above average, in most cases across most or all of the major indexes ETF's and futures.
Yesterday's volumes were somewhat mixed so I'm not that as confident in a bounce as I otherwise would be.

Naturally now that I've put my observation in print - we'll probably see a moon shot.

 

[trickshot]

Quote from Comanche:

VIX is not high in my opinion, but judge for yourself.

http://finance.yahoo.com/q/bc?s=^VIX&t=my&l=on&z=l&q=l&c=

Interesting perspective. Looks like the Vix is capable of going much higher.

 

[noddyboy]

Quote from trickshot:

Interesting perspective. Looks like the Vix is capable of going much higher.

I am in the opinion that the US is in a different stage with the aging population. Those high vols will not come back for the SPX any time soon...if the chart was vol on Shanghai, that will be another story.

 

[noddyboy]

Yay! Market up! Put premiums gone!!!!

 

[Cache Landing]

Quote from noddyboy:

Yay! Market up! Put premiums gone!!!!

Hope you took gains
:eek:

That was amazing the way you called the top

 

[SiSePuede!]

Quote from Cache Landing:

Hope you took gains
:eek:

LMAO! Put premiums riding back up like a dark stallion! SLM news wasn't taken well I guess.

 

[noddyboy]

Quote from Cache Landing:

Hope you took gains
:eek:

That was amazing the way you called the top

Yay! I am short anyway...but will the market reach below my strike by next Friday?

 

[Cache Landing]

Quote from noddyboy:

Yay! I am short anyway...but will the market reach below my strike by next Friday?

Just giving you a hard time. But that all depends on where your short put is. looks like the flow of money out of bonds is going to save you today though.

 

[SiSePuede!]

Quote from noddyboy:

Yay! I am short anyway...but will the market reach below my strike by next Friday?

What's your strike? These markets are epileptic right now...funny. I think we'll see caution before next week and a little selling before earnings really opens up.

Cheers and good luck.

 

[noddyboy]

Quote from SiSePuede!:

What's your strike? These markets are epileptic right now...funny. I think we'll see caution before next week and a little selling before earnings really opens up.

Cheers and good luck.

My strike is 1460 on the SPX...I sold a lot a lot. :eek:

But I am otherwise 100% short.