It would appear 'they' are reaching deep into the playbook to save stocks from the Fed's negativity... First they tried JPY momentum ignition - that failed... Then they tried the precious metals dump - that failed... and now it's VIX slam time (as we predicted) and that is starting to have an effect... Machines are "fighting the fed" and BTFDing as they forget entirely why they were all selling in size 30 mins ago.
Having run out of options.. resort to Slamming VIX...
[3]
So now we "fight the fed" and BTFD in the "stretched" stocks...
[4]
Who could have seen this coming?
Next up: VIX slam. Everything to keep the ponzi going
— zerohedge (@zerohedge) July 15, 2014 [5]
Algos already forgot why they sold stocks 30 minutes ago
— zerohedge (@zerohedge) July 15, 2014 [6]
