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... Red Dragon Leo

You were right on that call Dreadwin… I missed it, and got in early. But, I'm still holding short.

... dreadwin

We're at 24.03 right now. Hold tight, this might be a fake out. If the previous high of the day gets taken out for more than 15 minutes, it might be a real move.

... dreadwin

I think you're a bit early. I'm waiting until I see this pennant finish, followed by short squeeze to consider any sort of short. 1092 is within the realm of possibility.

... dreadwin

Hey Leo.

$VIX action is playing out pretty much as I expected. We seem to be painting out a pennant. As we head into close, I expect the MM's to engineer a nasty squeeze.

... Red Dragon Leo

Thanks Sun… I think we are at the top now.

... Earl of

Nice chart

... sundancer390

for those with bearish positions the market should turn down here if we're going lower, fate will be determined shortly
http://www.flickr.com/photos/47091634@N04/43494

... Earl of

Gcocks,

Interesting. I've never traded (bought or sold) based on the VIX.

Just Added TZA at 10.56

... gcocks83

Earl, If vix goes below 24 I am bailing

... Earl of

Leo,

Nerves of steel, man 🙂