Fib-You were only off by a few hours.

Fib-You were only off by a few hours. Great call on "After the employment numbers Friday for the downgrade.

Sell the rumor, buy the news.

Sell the rumor, buy the news.

Go ahead. It takes two ends to create a trade-somebody will love you.

Sell the rumor, buy the news.

Go ahead. It takes two ends to create a trade-somebody will love you.

I shorted VXX for a hedge, cashed out some shorts, still holding a few though. These markets
are very fast intraday, about a 30 second window to get a good trade off.

Sell the rumor, buy the news.

Go ahead. It takes two ends to create a trade-somebody will love you.

I shorted VXX for a hedge, cashed out some shorts, still holding a few though. These markets
are very fast intraday, about a 30 second window to get a good trade off.

I shorted VXX for a hedge, cashed out some shorts, still holding a few though. These markets
are very fast intraday, about a 30 second window to get a good trade off.


I sent orders in this morning at bought $VIX calls, 27.50 strike for 1.95 when the VIX went into the 27's this morning for myself, and the traders I trade for. Well, I sent them in at limit 1.95. A short time later they absolutely took off-even though they dropped a lot later. I glanced at my trading screen wto see how much they were up a while after they started flying-my personal order didn't get filled-I had put it in last.

Sell the rumor...

Pretty well explains the last 10 days of price action, doesn't it?

S&P had no choice, and going by the recent rally in bonds, neither do traders.

Fib