December 15, 2008

Market Review and Commentary for December 15, 2008

DISCLAIMER: These are trades I am doing and may not be right for
you. Use your own Due Diligence when making financial decisions of
your own choosing. This is NOT a recommendation of any security.
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The markets went sideways all day… making no progress at all and even though the DOW came back from a 150 point decline it still closed DOWN 65 points on the day. Compared to what we’ve seen in the last few months it was a pretty tame and mild day.

Is this good or bad?

Is the rally running out of steam?

Are the bulls setting a trap for the bears by making them think the market is heading lower?

What does the VIX tell us?

…. lots of un-answered questions or is this a ‘turning point’?

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