Equities got a right beating!

Its been a wild few days in the Equity markets worldwide. From a position where we barely have had any 1% moves this whole year, to having them on a regular occurrence. This move was inevitable as the markets were too overstretched, but while central Banks continue to maintain super accommodative policy the risk for a melt down style move remain, as there is only so much yield chasing that can be done.
Either way it will be interesting around these levels, as I think there is still more downside to go but it will be very volatile, which will give some good opportunities for day traders, which is a good thing, since its been a crap day traders market this year.
My one real annoyance, is that I have had some kind of short in Index position for the best part of 7 or 8 months via options, and apart from being long VIX, I pretty much haven't benefited from the move down which is very frustrating, as its sods law that the move happens when you don't have your position on. But thats trading for you, the silver lining was the fact that I was long Corn and took nice profits on it although I got out way too early, and left a lot on the table.
Going forward I'm getting long Short Sterling Spreads on the this flattening that has occurred, and will keep adding to my position if it continues to go down, and generally try to get stuck into some of the volatility in these Indices.

Post 3 Year LTRO moves

With the Greek bailout approved and the 2nd and final 3 year LTRO out the way, we started to see some volume coming back into the short end especially. Although trading was difficult as the short end spreads where going upwards with no real pull back. I tended to short every 3 month spread in the Euribor and Short sterling contracts, and over the course of yesterday and today kept averaging till I ended small up, doing 400 odd round trips over the two days, which didn't really help the cause. Despite not being able to hold on to all of the spreads I do still think we will come back off as there is no real reason for it to continue going higher.
The Bund tested 140s 3 times, and all three times ended up being good sells, with going long the shatz Bund spread when the Bund is in the 40s being the slightly safer option. I mis timed the first one and the second time was a great bounce of a level a couple of months back which I didn't get into sadly.
Hoping for some real action now going forward.
For further info on this spread watch below: