http://www.minyanville.com/business.../12/2010/id/27724?camp=syndication&from=yahoo I doubt the Fed would ever let that head and should top play out. They would just keep giving money to goldman sachs to prop up the SP futures.
It's so easy to gap up the VIX just drop the SP a few points and up it goes. SP down 0.25% Vix up 4.00%
This would be the range for the next 30 days down side : 1162 - 1177 ( buy them ) upside : 1200 - 1234 ( sell with tight stop ) Stay out it where we are at now . cheers
Sounds like Ron Coby's heavily short, his brain fried by the heat he's taking, and now he's hallucinating "giant head-and-shoulder tops ". Someone on ET posted Goldman Sachs' playbook a while back. We're going to S&P 1300 in the first half of this year. It's gospel!