### Comment:
So the -100 level should imply -8% In the next 30 days?  
  
 It's an indicator, it shows what already happened and how you should interpret this is that the odds of a move the other way get higher the further you move away from the mean. 
  
  It does show that this was a strong bounce. Good to keep in mind and the chances of a successful bottom retest are bigger than if this was weak but ultimately useless if it drops to a lower low.

### REPLY:
Just repeating what the guy said on one of the TD Ameritrade shows I was watching today. I think a lot of the extreme buying is a short squeeze. Puts have been out pacing calls for a while now and it keeps going up. I think the Buffet types saw all the fear and got greedy, set a bear trap on the 2 trading days after Christmas. 
  
 Probably will not get a pull back until some of that downside protection expires tomorrow. IMHO.

### END.