Smoking Securities

Half Baked High Finance

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I’m fortunate to be in cash and gold, this market looks hella ugly.

% of Rising S&P 500 Stocks : S&P 500 Volatility Index

% of Rising S&P 500 Stocks : S&P 500 Volatility Index

Volatility is rising and there are fewer stocks trading in bullish formations according to the Bullidex.

I’ve noticed that my rant on Antal E. Fekete is growing in popularity, and while that’s all well and good, I’ve changed my position on gold since that Dec 6th post.  Until the uptrend begins to show signs of fatigue, I’m staying long the yellow shiny stuff.

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Written by chucklesamadeus

February 18, 2009 at 12:32 am

Posted in BPSPX, VIX

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