Thursday, January 08, 2009

Panic VIX is over, Greed is coming back. DIA, SPY, QQQQ, TSX

Panic is over, VIX is steady on its course to sub 40 levels, Rally and Inflation expectations are already coming back with fresh printed US Dollars, watch out January effect: how the month will trade so will be the year. For us here it is only the reference point of US Dollar prospects: once "its safe heaven quality" will be out of the picture mass exodus out of the flowed financial system will be the name of the game.

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