Shorts should have covered yesterday but they didn't
Korea related names rebounding: but I wouldn't buy them, instead I would look to buy stocks that were beaten down yesterday on the Korean names even though they have no relation to Korea. Those are the stocks that should rebound the quickest today.
The late day heavy volume buying of 4M shares in the VXX yesterday during the last hour should get scalped today. As the fear indicator should be much calmer today as all is quiet on the Korean front.