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You Are Here: Home > Articles > Contributors > A Rally? Really??

A Rally? Really??
Oct 09, 2008

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Tim Knight

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What I'm expecting for a while (with "a while" being wholly unknown, although I hope it's not "quite a few minutes!") is:

  • A calming market
  • A dwindling VIX
  • The elimination of a need to be armed for battle from open to close

The perfect storm for bears is coming later. It might take a few months to get here. For the immediate moment, I'm going to be doing something very simple: buying SSO to take advantage of the ride up. It's clean, there's no reason to fuss about the volatility premium, and it's super-liquid.

The buying public has to get some modicum of trust and comfort back. It's going to take a little while for these wounds to heal.

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