Woohoo... What A Coup!

The semi-bears finally pushed the VIX above 20 today, hitting an intraday high of 21.32 and managing a close above 20.  The S&P dipped and closed below the psychologically significant 1600 as the DJIA knifed down 353.87 points mercilessly.  

No asset class was spared today and even my gold and silver plays got hit, but somehow I walked into CLWR calls just in time.  Could DISH up their bid above Sprint's new $5 per share offer and put my $5.50 calls deeply in the money?  

Are we finally at a new paradigm?

Michael Pento was the first guy on CNBC to mention that he is now going to short stocks and even said the D word (deflation).  A few weeks ago, not even Marc Faber was willing to short the S&P.  So maybe it's time for the semi-bears to come out of the sandbox now?

Thank God I held on tight to my VIX ETFs - and thank God for options...

+6.46% SBA
-1.25% Roth IRA

-2.34% DJIA
-2.28% Nasdaq
-2.50% S&P 

-2.98% FTSE
-3.07% Eurofirst
-1.74% Nikkei
-2.77% Shanghai
-2.74% SENSEX
-2.88% Hang Seng

-3.36% WTI
-3.76% Brent
-7.02% Gold
-3.15% Copper
-1.36% Corn

-0.60% EUR/USD
+1.01% USD/JPY
+0.39% EUR/JPY

-2.24% DJT
+23.14% VIX

+4.67% 10-Year US Treasury Notes



Dear Lord,

I pray that Santa will come early and that the UVXY will spike another +25% tomorrow - just in time for my birthday...

Love,

ForexDiva