Very high vols today. I thought maybe shorts early on but way...

Very high vols today.

I thought maybe shorts early on but way too much vol for the whole day. They very likely used as opportunity to cover given the movement and liquidity.

You'd assume given the substantial increase it would be due to Waterhouse letting a few go would make sense. Maybe half - who knows.

Hopefully this was the shake out we needed. Would have been nice for them to push it down a little further and really get the vol going. Panic setting in amongst few holders now, so hopefully few get burned and move on and start another cycle.

Be interesting to see what happens with fixed odds nj over the weekend. Obviously certain deals can't be announced till that is ticked off.

Good luck to holders you might be having a few sleepless nights over the weekend.