07-27-2012, 03:08 PM
Yea, I think euro trash is going to continue to be the volatility driver. The reality is traders are doing exactly what I am, either with ETF's or options, and just calling the tops and bottoms.
I suspect we are close to a high today. Some news on the weekend could push Monday either way so good to sit. Next will be the monthly jobs report. I suspect it will disappoint, which means TZA or any of the bear ETF's will play well.
I think this year is looking just like last year. If the trend continues in the next month we will have a dramatic drop. followed by a nice run to the end of the year. So all we need is an Iran or North Korea to do something silly. Seems like they are due.
If the world is flat on Monday I think I will buy TZA.
I suspect we are close to a high today. Some news on the weekend could push Monday either way so good to sit. Next will be the monthly jobs report. I suspect it will disappoint, which means TZA or any of the bear ETF's will play well.
I think this year is looking just like last year. If the trend continues in the next month we will have a dramatic drop. followed by a nice run to the end of the year. So all we need is an Iran or North Korea to do something silly. Seems like they are due.
If the world is flat on Monday I think I will buy TZA.
Maul, the Bashing Shamie
"If you want to change the world, be that change."
--Gandhi
![[Image: maull2.gif]](http://bengtel.com/maull2.gif)
"If you want to change the world, be that change."
--Gandhi