From B. Steenbarger Trader Ideas: "In other words, this kind of high volume roller coaster day is much more typical of volatile market periods than the period we've had since 2003. If the market felt unfamiliar to you, there's good reason for it. This was action more common to bear markets than bull ones."
I think that today proves that faster is, often, not better. I'll take a meandering trending day over today's vols anytime... unless I can bring my psychic, or better yet one of you, with me when I trade. Myminitrading: What's your position right now? Don't want you to get away with one of those "Almost got long/short" comments.