Sufiy.: Cover your shorts, sell Puts, Luck will be on the long side.

Wednesday, January 23, 2008

Cover your shorts, sell Puts, Luck will be on the long side.

VIX and VXN are hitting highs at August level or higher. 75 point cut and PPT will try hard to turn the market now. Looks like capitulation to me, some juniors are moving higher already. Once world will realise that the End of the World is postponed, flood of liquidity will rise commodity boats and PGM again.

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