This is so F-ed up!

Quote from polpolik:

Except VIX is a contrarian indicator. No fear means big drop. Plenty of fear means we're at a bottom. Generally speaking that is.

right, except when the contrarian indicator becomes too popular (as I hear VIX being advertised on bloomberg everyday), itself becomes the contrarian - contrarian indicator.
 
Really good size positive delta divergence with the pullback of the ES to the 1377 area just after the "beige book".. was a buyer again in the 1379's and we had a good bounce out of that area. I would like to see the HOD get tested today prior to the close..that would be a nice run.
 
Quote from rc5781:

S&P 500 was like a really fat guy on a diving board...
Oh NO..fat guy bounced up 2 feet in the air and then came down and crushed the side of your above ground pool. :eek:

..RUN, RUN, your yard is flooding with water. :D
 
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