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Strange Rally, With Gold and Energy Up, Financials Down
VIX and More
Posted on December 10, 2008 at 12:14 PM EST
For what it's worth, I'm short right now, as among other factors I am suspicious of a DJIA that is up 187 points largely behind strength in gold and the energy sectors.
Meanwhile, financials are in the red.
Will financials pull the broader market back down? Will commodities lift the market higher?
The more I think about it, the more I think we are moving closer to a deadlock and the more I like that
SPX straddle trade
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