Look at this volatility 2:58cst 1-31-08

ES is going nuts up and down 7-8 handles in seconds, like their was some major announcment.

 

Yes we were sitting through that trying to scalp. Very nutty. I never found out what it was. Assumed someone had a heads up on the Google earnings.

 

If you think that action yesterday was random, think again. Those in the no loaded the boat on that huge spike lower in the last ten minutes.

Think how many stops were run on that fishing trip.