[walterw]

Originally Posted by GCB »

I don't have a problem with volatility. By that I mean overall movement. It's just the sheer erraticism of it that bugs me. I'm seeing a lot of long wicks where I don't remember there being as many. Random false starts. Bursts that go nowhere. Dogs and cats living together. Mass hysteria!

jejeje husbands and wifes ¡¡

[notouch]

Here a weekly chart of the VIX. You can see that volatility has peaks and troughs in a fairly predictable manner over time. The current YM choppiness is just a symptom of that. It's currently near what has been the past a peak of volatility.

[dalby]

i have still been able to use 6-15 pt stops on YM (even today) - you just have to wait for a pristine setup

fwiw, the russell has now lost ALL gains for the year. the dow hasn't. so, in that respect the volatility is definitely greater in russell (was up big is now flat. dow is still up)

[notouch]

ES wiped out 3 months of gains today and closed below the June lows. YM is still 250 points above the June lows.

[walterw]

Is it my impression or are we having much more overnight globex trading going on ?

[notouch]

684 contracts traded tonight on YM so far. That doesn't seem unusually high. Of course with the general increase in volume and volatility over the past few days you would expect more trading at all times of the day.

Well over a half-million contracts on the Russell today. How many on the YM? Only 350K or so. Go figure.

[torero]

Anyone noticed a slight average volume increase in activity in EMD during the since the ER2 move? I don't see much increase except for the usual increase due to new highs factor.