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Friday, January 28, 2011

FAZ - Watch It

The Chicago Board Options Exchange's Volatility Index, also known as the VIX, has been trending lower lately, which has some analysts predicting a stock market correction between late January and the end of February.
FAZ - is the best bet in a correction enviroment, this will invert to financial stocks, as these stocks drop the FAZ will rise.

Another ETF to Watch: UCO, Oil drops and so does UCO, buy UCO when it nears the low. note the currency <Dollar> and hedge funds dictate the price of OIL. there is 4000 plus oil tankers floating in the oceans at any given time,
Supply is not a factor at this time, demand is down, inventoery is plus +.

Keep all of this in mind when trading!!

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