Market Update: Wow! Something is Fishy!

If you were watching the market today, it had to be the one of the most violent swings I have ever seen. it shows how much computer trading has evolved and involved into/in the market. It does not instill a lot of trust in the systems. It was down 700 points in 15 minutes and up 600 points in the next 20 minutes. Seems very fishy. It would have been nice to sell out "JJJ" trade at the top; however, I don't think it would have been filled. The point is "a Fat finger" trading mistake or not-people are selling. The market looks very unstable here. We are up 9% on our spread trade; however , I am not willing to pull it off just yet. The Market Systems are screwed up. Given the current environment, I am not sure that we even want to bottom fish until the "Mystery Hour" we experienced today can be explained. It shows investors are very nervous about the current levels. We remain in CASH except for our "Spread Trade". We are not in a big hurry to play in this "Murky Sludge". If we see something crazy, we might play. Check emails for updates.