Should see a bounce here 1237-1240, lets see what this does.

 

Noting EURUSD correlation totally gone.

 

 

First currency then stocks... GS must be shocked with ECB move

 

Best way for volatility is TVIX... which is double leveraged gives an idea of volatily that is coming

i was really happy to see the indexes fade, until I realized I only had 2 out of 15 puts fill...

Thanks, bb!  It is looking like the santa claus rally is in play, especially with the news overnight.  I remember seeing the ES down over 15 points late last night.  And now it's just the opposite.  Go figure :)
 

 

thats why you pay up man.

 

when you like a trade you like a trade

Banks gave up the entire opening gap.

 

Longs wanted out.. selling it off like the gift it was.

I wouldn't play a premarket .00 but if you're discounting its value, then it can be a handy reference point. Watch the gap fill from yesterday, if SPY doesn't bounce before or around that level, most longs should look to lock in partial profits fairly quicky... but I am still just dazed over the price action recently, there really is nothing to watch other than the bodily functions of the Euro-news mess.

zomg crashing crashing lol sold rig 50 put for 1.4

was a gift for put buyers as well.

did you grab some ?

 

JEF!

 

Banks getting hit!

 

Grab your puts people, this is not looking good.

-1400 tick

 

Its getting ugly

Hello volatility!  Someone tell me we're not in a bear market.  This stuff be craaaa-zeeeee.

JEF bouncing here.. Im still not seeing news.

10:07 AM Jefferies (JEF -14.3%) shares were temporarily halted after crashing to a new 52-week low. Shares have been hammered by fears regarding the company's exposure to MF Global and PIIGS sovereign debt.

I went to bed last night and futures were deep in the red.  This morning they were nice and green.  I thought about this divergence on the train ride into work and I thought to myself that whoever was shorting last night knew something, even though the market was green this morning.  We'll see - if we're bloody red by the close today then all bets are off for any further rally, imo.  This has been a crazy few months, that's for sure.
 

 

EJ down, EU down..

 

BOJ said nothing will be done for EJ...

 

Todays high.... as per my analysis... 200ma held as strong strong resistance.... 11,984.9 (with shocking ECB move cut)

 

ECB wants to bring back growth... and its in catch 22 situation...

 

growth of italy just 1.9%.... inflation 3% and now borrowing touching 6.4% it will not work in any economic model...

 

More and more greece is delayed, italy will default as it cannot borrow further...

Got some Nov SPY puts when I saw GS giving it up.

 

Still wondering whats going on here

Keep these posts coming!  It's not a conspiracy, it's truth and the more it surfaces the quicker we can rid the world of these scumbag bankers.
 

 

Suddenly today there are fears? Did nobody know until today?

 

More like they tried to cover it up and hoped nobody would figure it out.

Red.  No, green.  No, red.  No, green.