scott bauer in the pits of the cme. scott, we have to begin with you because the fact we didn't see massive erosion or even minor erosion after such a jump yesterday, what does that tell you about the rest of the year? >> well, i'll tell you what. just on the 3:00 bell on chicago time a minute or so ago, there was some massive, mass sill selling coming into the s&p pit. what i tell you the traders back here they have been leaning short all day. they just covered themselves. it was unbelievable what was going on here about a minute 1/2 ago. they covered everything. so what i want to tell you about this marketplace is, these guys here today we would have had a selloff. didn't have it. they covered everything. not only that, we saw the vix earlier today. earlier in the day-traded below 13. yesterday it traded 16 1/2. i know we settled around 14 today, but, boy, oh, boy, complacency set back in, risk is on and it looks like if anything from now till the end of the year it is probably a slow grind higher. david: risk is on bu

scott bauer of trading advantage joins us on this friday morning. good to have you as always on our show. >>thank you. >>i was watching the volatility index yesterday and it was sinking at one point. is that a telltale sign? >>this was crazy angie and we had talked about this a couple days ago. we saw the vix trade almost 16 1/2 right before the taper announcement on wednesday. then yesterday we saw this thing trade down all the way under 13. it traded 1290 and it closed up a little bit on the day. what this tells me was that there was so much anxiety put into the marketplace short term, meaning december, meaning this week. not even going into the new yearbut so much anxiety that just got deflated out it that traders included really didn't know how to position themselves after wards and that's why we saw this huge fluctuation down below 13. now it's settled in to a more normal range---high 13--- right around 14. i bet this is where we see it remain going forward until the end of the year. >>gold is tarnished. is this a buying point in your book? >>i

scott scored an interview with the ceo of bauer 48 days before the olympics begin. hockey system. the future of ice skates and it's all very light from what i am told. >> it is. and revolutionary at least they think and they hope it's going to be ground breaking as well. andrew, thanks. the new system is called od-1-n. skates like the one use see right there on your screen are now reportedly the lightest hockey skates ever made. then there's new body suit. it's designed to help a player get wherever he or she needs to go. step faster than they could before. then there is the new goalie pads. lighter than ever. that's new york rangers goalie henrik lundqvist trying them out. kevin davis is the ceo of bauer. he's with us today. kevin, good to talk with you. >> hey, scott, how are you? >> thanks. you call this game changing technology. i certainly hope it is for ovechkin and backstrom as i'm a fan of the capitals. what is it really going to do for these elite athletes? >> i tell you, historically when we brought out new gear, you know, you would be measuring changes in