Red

Thanks Richie,

That daily range seems counter-intuitive to me. One would think being a 2x short, it would not have gone down to the 7.49 level during a crash day??? Or even a busted trade at the 4.96 level. One would think it would do the opposite and go up a significant amount? Strange indeed…

Yup, now they’re tanking the vix to steal premium & buy puts cheap.

buy spy here

If there’s no selloff the last hour, tomorrow will be down. Today’s bounce was premature.

To me, it looks like the TOP is IN. Going short here. just a hunch.

Not arguing against your conclusion. But wondering why you came up with that time frame?

Ok so what is happening astrologically this weekend? what does Atilla say and last chance to what… get short?

Looks like a triple top forming on Qs daily chart
I wrote down 59.95 as the FP

The BB on 5 min charts are really tight… expecially the VIX, SLV … something about to happen?

Red/johnny – i just looked at that QID FP. it looks like it was flash crash day on may 6th…. a whole lot of odd prints happened that day…. my gut says to discount prints for that day as true FP’s. According to yahoo – the QID non busted trades for that day ranged from 7.49 to 20.43. for all i know there were busted trades that were executed at 4.96 level. if this were a non flash crash day print – it would make me ponder……. http://finance.yahoo.com/q/hp?s=QID&a=04&b=01&c=2010&d=04&e=30&f=2010&g=d