General Stock Ideas

[food4thought]

I was watching the tape like a scared school girl on friday. I lost so much on VXX on the way down, I don't want to miss the rise but felt good about the 2-3 day trade with far greater potential VXX downside than upside. I'm curious if you still feel strongly that an S&P pullback to the 900 level will then yield a significant bull market rally shortly thereafter. I think I recall you estimating a return to the 1250 levels with a 2 year secular bear market trend returning at that point. I'm feeling a bit uneasy about that kind of a rally given all the market turbulence that should continue throughout the year. I could see a 10-15% recovery to maybe current S&P levels but 1250 seems out of reach. I like the commodity etf's over specific equities but think shorting VXX on uptrends seems like a better yield as it overreacts and deteriorates quickly as the market swings and the VIX calms. Thanks for your thoughts as I think we are of the same mindset.