Friday, August 17, 2012
Good twitter people to follow
Some good people to follow on twitter: John Kicklighter, Chris Martenson, Ilya Spivak, Erik Townsend, djfxtrader, zerohedge, theEconomist, CodyWillard, dailyfx, soberlook, theanalyst_hk, MarkitEconomics
Thursday, August 16, 2012
VIX call/SPY shrt opportunities approaching
As I stated a while back i've been preparing for somewhat of a VIX all in that will payoff sometime between september and jan 2013. I believe that the time to make this all in is now, or in the coming weeks, with VIX at around $15. Although I've noticed a disappointing trend lately: wide call/put spreads and poor correlation to changing fundamentals in equities. With this in mind, I think the better way to go about this is a AUD/USD or AUD/CAD fx short or USD/JPY long. I'll probably be in a mixture of the above. When fx technicals look favorable i'll continue to enter into fx. positions. The rest of August should be relatively quiet until Jackson hole on August 31... which i doubt will bring any new news and will only succeed in bringing exasperated highs and lows only to retrace a week later. The real event risk comes mid september, this looks to be the money maker. Global fundamental outlook will be revisited countless times and im looking for VIX -> 20+.
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