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As a trader we all thrive off of volatility. But there's SO much volatility right now that I can't even trade it. Wow, this day will likely be remembered for years to come.
Going by probability, that outcome is HIGHLY unlikely.
Alright SPY, time to do one of your rip your face off rallies to end the day. If you could close green that would be greeeeeeat.
Man, tough day.
I think in about 30 minutes we'll have a good idea of where she's going.
That would be awesome. Hoping for movement similar to 8/12.
Hmmmm, sounds like a good plan.
Also starting to think we've hit bottom for today.
For sure. The one bright light in a sea of penny stock pumpers (other boards on ihub).
OK SPY, quit screwing around and start rallying.
Looks like AAPL may have bottomed out.
That's how I'm betting but it's hard to say right now...bears trying to take her down again.
Yeah, shoulda got into VXX as fast as possible but I'm not as familiar with its movement as I am with XIV.
And of course there were no shares available to short of XIV this morning...thanks IB, c'est la vie.
Bulls won't go down without a fight. More support is building.
Like you said, I think sellers are still in the drivers seat and will take it lower. This bounce looks temporary as the market internals are still very bearish. But as we all know, it can recover in a blink of an eye so we'll have to wait and see.
Thinking the same thing.
Weird movement, hard to trade. Wish it would just pick a direction.
Rally rally rally...?
Can't tell if she's finding support and getting ready to bounce or getting ready to nosedive...
Just break lower already, we know you want to!
Let's see that drop!
Looks like she might be waking up...
Today she's gonna dip into the close IMO. Tomorrow, no clue.
Been waiting since 11 am for VXX to do something...getting a little anxious.
Good call!
Ok VXX, you can get a pulse anytime now.
The market internals look way too weak to sustain this rally. Thinking we see a dip to ~2085 on /ES.
Annndddd fade.
lol, too much info.
Alright SPY, time to dump.
Well this really sucks. I covered my short volatility play way too early and then got stopped out going long volatility...this bot rally is going nuts.
Selling pressure seems to be subsiding.
Yeah, it's been driving me crazy all day. Definitely a negative sentiment in the market even though we're green.
Might start getting interesting if this drop continues...
Battle at the open. Thinking bulls win IMO.
Looks that way so far but I wouldn't be surprised to see a bounce.
Haha, seriously. I thought around 2:20 it was gonna dive but nope! Might see some crazy action the last few minutes today.
Got outta my short volatility play a little too early. Must have been those beers from lunch that distorted my perception...haha.
Oh well, who knows what tomorrow brings, might see another drop!
Is it just me or does she seem to be stalling here?