Basically the one guy that I follow that is good said the same thing. Whipsaw traps people long and short. And VXX isn't going down. My puts spike and faded not as much as well. Telling.
40 points down and 40 points straight back up, hard to believe there is any over sight on this stuff LMAO Ponzi at its best imo. I read an article recently about the HFT and ETF's are the culprits here, the HFT's front run everyone, the ETF's are so heavily traded they cause these massive cash imbalances every day that have to be reconciled eod. the only ones that have real insight to the direction of the imbalance are the same ones that control the front running bots LOL
risk_on, agreed. fwiw, i'm seeing yesterday candle as a shooting star. because that's what it would have been if not for the improbable rally into the close...