Anyone wanna quote me the current t bill rate? http://mortgage-x.com/general/indexes/t-bill_index_faq.asp#Historical_Graphs
there was a nice decline in the VIX during the most recent ascent of ES prices. This is the Thursday before expiration, maybe everyone's been wiped , but a move in the VIX below 32.77 should coincide with a rocket shot higher.IMHO
I mentioned I bought tbills 2 days ago. Probably up $100 on my "position" but will hold to maturity. Many basis points are few dollars on less than $1mm.
One more try here... Long from 1395.50 with 3-tick stop. If this works, it'll be a great entry. If it doesn't, it's 3 ticks.
Not the best chart but you can see the flight to quality. http://finance.yahoo.com/q/bc?s=^IRX&t=3m&l=on&z=l&q=l&c=