When your sitting around after dinner tomorrow, and your head is bobbbing, as you are ready to fall asleep, keep one thing in mind. The lower the market goes, the more opportunity there is (opportunity=MONEY).
For the last month, we have been taking a closer look at trading the S&P due to the volatility (google VIX Index). This has proven very profitable for us. In a market like this one, where it falls(and continue to fall like it is going to we think) the S&P can be a goldmine. If you don't have the money for the full S&P contract, there is a mini S&P that you can trade for under 4k with just a $8 dollar roundtrip commision.
It isn't for everyone, but we feel the odds are with you vs. options in a market like this.
In the next coming weeks, the market is building up anticipation toward a possible Fed cut in December. This means the market might have a small run until the Fed says they won't cut in December.
We look for the Fed to cut in Feb.
Good Fortune and Happy Turkey Day!
Wednesday, November 21, 2007
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