Intraday commentary on the twitter inspired flash crash here.
The market is rising on thin volume and skittish positions.
The volatility index, which is a measure of risk perception, is trending back towards complacency.
"You are the very cause of your ignorance, yourselves. You put away the light, yourselves; you first pluck out both your own eyes, yourselves; and after that other men’s too, so that the blind may lead the blind, until you both fall into the pit.”
Thomas More, The Sadness of Christ (Gethsemane), Tower of London, 1535