Wednesday, February 27, 2013

Fed was wrong then, are they wrong now?

Fed in 2005

  • Go to 55 seconds
    • Bernanke 2005: "A house price decline is a very unlikely possibility. Never happened on a nationwide basis"
  • And yet so many believe him now...

Monday, February 25, 2013

VIX GOES BOOM! NOW WHAT?

VIX (Weekly)

  • VIX still in a Bearish fork
    • Break above 22 would be Very Bullish
    • In small Bullish fork at the moment
    • Stated was only good buy HERE
    • VIX has had a great run, is it just the start or end?
      • Will will know soon
      • Fork says if you are long have stop in at 17.50