INTRA-DAY UPDATE

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vix-51

Before I become an aggressive buyer I am looking for 2 things:

1) The VIX reaching 77 or HIGHER

2) The DOW hitting 6400 to 6000 or LOWER

I will not be taking any action until these line up. I will likely buy UYG and URE. I do not like any individual stocks but if we go higher there must be bank and financial support and some relief in housing. That’s why I like UYG and URE.

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