Friday, January 21, 2011


Ok, I step away for a few hours and the VIX explodes.  That's interesting.  It went from being down 8% when I left to closing up over 2%.  Additionally, SPX was also up, which means there is higher probability for more downside on Monday. 

Small caps performance this week was abysmal.  Looking back the past several years, when TNA performed this poorly relative to BGU for the week, it was usually a great time to buy TNA.   Hopefully that holds true going into next week. 

Time will tell.  Have a good weekend all. 

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