Ruby Wednesday

After jumping in and out of trades all day and getting so jittery in the process, I still managed to end the day in the red, mainly due to my positions in the TVIX and VXX.  It seems like the knifing action is getting really intense...

Are people really buying the dips - or is this simply bears taking some profits off the table and then loading up again on bullets?

In Extended Hours Trading, RT is seeing a -13.25% drop right this moment, which means I might be in the money tomorrow!  Oh... I wish I had bought more, but sometimes, even a straddle could be a bit of a hit or economiss...

One thing's certain: If I ever made daytrading a full time gig, I would die of a heart attack in a few short years.  This stuff is not for the faint of heart...


-6.58% SBA
-1.43% Roth IRA

+0.18% DJIA
-0.46% Nasdaq
+0.06% S&P 

-0.44% FTSE
-0.53% Eurofirst
+1.03% Nikkei
+0.62% Shanghai
+1.33% SENSEX (Whoa... Maharajas!)
-0.63% Hang Seng

-1.97% WTI
-1.12% Brent
-1.37% Gold
-1.69% Copper
+0.57% Corn

-0.39% EUR/USD
-0.80% GBP/USD
+0.47% USD/JPY
-0.39% EUR/GBP

1.31 Put / Call Ratio

+0.20% DJT
-3.54% VIX

-0.56% 5-Year US Treasury Notes
+0.53% 10-Year US Treasury Notes

47% Advancing Issues on NYSE                      |   52% Up Volume
50% Declining Issues on NYSE                       |   47% Down Volume
3% Unchanged                                            |   1% Unchanged
28 New Highs   |   93 New Lows

42% Advancing Issues on Nasdaq                   |   31% Up Volume
54% Declining Issues on Nasdaq                    |   68% Down Volume
4% Unchanged                                            |   1% Unchanged
32 New Highs   |   50 New Lows
  


Today's Major Headlines:

Fidelity Sells Off All Short Term US Debt Ahead of Ceiling

US Default Swaps Trade Soars

The Bulls Are Yellen...

India Moves To Internationalise Rupee

IMF Says Start of Fed Tapering Threatens $2.3 Trillion In Bond Losses