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ItsAllCyclical

05/23/08 2:36 PM

#39855 RE: opnion #39853

Yea, just checked, no ETF, but there are options which I typically never trade. If oil does come down shortly (very possible) then VIX may go lower again before ultimately busting out. I can't see oil going too much lower than $90 or $100 anytime soon so the same problem will be with us this fall, but then we'll have the start of the Alt A liar loans and commercial rel. blowing up.
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basserdan

05/23/08 3:55 PM

#39863 RE: opnion #39853


Gold CoTs report shows Commercial net short position jumped about 37K (approx 15%) in week ended last Tuesday.

This might help your GLD position gain some traction.

http://www.cftc.gov/dea/futures/deacmxsf.htm