In my experience it's never different this time.





Source: http://www.zerohedge.com/news/2014-12-13/time-may-not-be-different-after-all

And tends towards creating self-sustaining systems, not systems that are going to blow sky high and kill the goose that lays the golden eggs.

This is an easy aftermarket long. The thing I like about the volatility like this is it is 'easy' to trade 24 hours a day. Even the slow, small moves can be 10 or more points.

One of the best cartoons ever.





Source: http://www.zerohedge.com/news/2014-12-16/pigmen-win-again

Understand that quote stuffing is one of several techniques that can actually make a market rise with no trades taking place.

http://www.zerohedge.com/news/2014-12-16/todays-equity-market-set-2-stunning-records

Nothing in this world scares me more than knowing how illiquid this market truly is, and what will happen if any real selling starts. The flash crash showed it for what it is, and I think it's a lot, lot worse now than it was back then, and it's up much higher. More 'fall of its own weight' potential going on up here in this rarefied atmosphere.

ES might come in a bit off this 72.25 area.

And the ES does come in off 72.25. What a shocker.

Check it back right off the area, then blast it up. Now what, shake 'em out again?

Look at that. Crazy, huh? Just killing the suckers both ways over and over.

The interesting thing here is this looks like it is about to be annihilated, just monkey-hammered. So, I'm thinking one more little push or a double bottom here and it will blast up?

A follow up on that insane SPY thing yesterday.

http://www.zerohedge.com/news/2014-12-19/just-one-question-about-yesterdays-last-minute-berserk-etf-freak-out