Monday, September 15, 2008

Rate cut?

The market is begging for one, with the S&P500 down close to 5% today, and the VIX spiking above the 30 handle.

Look for some "surprise" news tomorrow or in the coming days, sparking a rally that will take us to the election and some.

This credit mess is far from over, but for the short term, its time to buy calls...

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