Monday, January 11, 2010


MLK day, next Monday, is a no trading day.  

So, after expiry, a 3 day holiday ensues.   And not to get all Astro-Freaky on you, but Thursday is a new moon.

All the BEGINNING of a VIX sell signal started today, we need 2 more days of confirmation.  Keep an eye on this one.  So many burnt bears are so skittish, they won't have the guts to short (or the money).

And finally, look at banks.  Wow.  Maybe the blank check to fannie and freddie helped this out.  Courtesy of the US taxpayer.

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Insightful and Useful Comment!