Gotta love ZERO RISK in the SP500 = $$$

S2007S said:
Its the HIGH VIX, any vix around the mid 20s is going to cause 100-300 point daily swings!

Ill take it since I like trading these markets when they are this volatile....I didn't think though such a strong opening this morning....
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sort of a circular argument though...the large swings will cause the high VIX!

like I mentioned yesterday, we've come down to the 8/24 lows on relatively tame volatility readings (especially in IWM), it even broke the 8/24 lows...and the action down is very, very different than the last several years (i.e. the downside swings had sticky prices), not that stuff where you have 5 minutes to cover before it launches to new swing highs.
 
yea looks toppy on the ES and TF

almost loks like the "buy on the dippers" are still conditioned to wait patiently for a Fed jawbone or a Fed threat or really any leadership on the bullish side and its just not there. In 2009 they had much much more sway
 
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1930 still possible SPX
 

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S2007S said:
If this rally fades and goes red its going to be quite a nasty nasty close!!!!

Watching 1820 on the s&p, a drop below that and all hell breaks lose!
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yea thats what I am thinking...if that was all they had and it rolls over that quckly then it will get ugly again to the downside pretty quick
 
Pricechange said:
almost loks like the "buy on the dippers" are still conditioned to wait patiently for a Fed jawbone or a Fed threat or really any leadership on the bullish side and its just not there. In 2009 they had much much more sway
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Yes, and the Fed ensures that somebody is always speaking...of course, they've always got one of their members contradicting the other, always trying to be coy while maintaining that they want to be as "transparent" as possible...
 
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