Sunday, January 1, 2012

Happy New Year!!

As the new year dawns I return to start this blog afresh.

Expecting the first trading week to decline then explode to the upside in week two.

SPX:

SLV:


Another look at the VIX...

While it appears that the VIX is ready for a bit of a pop, I'm looking for an eventual decline of the VIX to the mid teens.  I'm thinking that this could occur in mid to late January along with a rally in the SPX to the 1330 to 1350 area.

Concurrent with this, I suspect the continuation of a decline in the metals markets with SLV dropping to $24 - $22, or if things really fall apart to the rock-solid support in the $18 area.  There I hope to purchase some 2014 LEAPS (calls) in anticipation of a multi-year rally of significance.



MNX:

RUT:

Multi-timeframe RUT:

Multi-timeframe on EA:


Positions