After CitiGroup C bailout Fear VIX has diminished and is on track to subside and be taken over by Greed and chasing performance. Bubble in treasuries is reinforced by Quantitative Easing when money are printed and FED is buying Treasuries and other debt instruments. Rebalancing is pushing funds to sell low Yielding Treasuries and buy Equities after recent collapse. Bailout of autos GM and F in any form will bring more fuel to this rally. Like we have discussed shorts were served Fried this week.Saturday, November 29, 2008
Dow DIA stages agressive rally after recent collapse. SPY, QQQQ
After CitiGroup C bailout Fear VIX has diminished and is on track to subside and be taken over by Greed and chasing performance. Bubble in treasuries is reinforced by Quantitative Easing when money are printed and FED is buying Treasuries and other debt instruments. Rebalancing is pushing funds to sell low Yielding Treasuries and buy Equities after recent collapse. Bailout of autos GM and F in any form will bring more fuel to this rally. Like we have discussed shorts were served Fried this week.
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