– VIX Has Never Done This Before… Ever (ZeroHedge, Oct 21, 2014):
Never, in the history of VIX – the so-called ‘fear-index’ – has this ever happened before…
The last 3 days have seen VIX drop 12.74%, 15.55%, and 13.4% today… VIX has NEVER dropped more than 10% for 3 days in a row ever
h/t @RyanDetrick
And here is VIX today – does that look in any way normal or efficient to you!!??
* * *
And then there’s this from last week – As Nanex shows, S&P 500 e-mini futures liquidity dropped to the lowest ever…
Connected? Who knows…
It is not a normal market, it is rigged to the gills.
The VIX is a reflection of a real market, in a false one, it cannot show real effect…..and this is a false market.
85%+ is high frequency skim and sell. The word is sell. The market continues to contract, regardless of the numbers.
I cannot believe it can hold much longer.
The FED has been paying 86% plus of the interest on the national debt for years. In fiscal year 2014, the interest payments on the national debt:
$430,812.121,372.05
How long will the FED go on paying this with no return?
it seems to be reactions of computers on each other so we have to wait for a bug in software which causes a sell off or a sell on