Fed Cuts Rates VIX at all time high

This is a weekly bar chart of the VIX options volatility index. It is higher now than at any time in the past 10 years, including the Long Term Capital Management panic in 1998 and the 2002 bear market low. I am still looking for a tradeable bounce in major market averages. Gold mining stocks breakout today. I am trading options on AEM and Royal Gold. This the greatest Financial Panic of my lifetime but with the increased volatility has come great volatility which is ideal for swing trading.

Tomorrow I travel to Horseshoe Bay Texas and play in the member guest golf tournament with my older son Alan.

A truism about trading and life itself: "All lies and jest, still a man hears what he wants to hear and disregards the rest. The Boxer - Paul Simon"

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