Frank Palmieri's Daily Ramblings

I believe this will be the move downward that we've been waiting for. The final high volatility, *capitulation* as Atilla Demiray on xtrends calls it.

For it I've loaded up on puts, Calls on the inverse ETFs, a few straddles, and some straight up shorts on the asset.

VIX bounced directly off the bottom of its channel and is heading on its way up. We're going to need to see a spike just like the november lows before I'll be convinced.

Everyone should watch these videos - Ben Bernanke on CBS' 60 Minutes (Part 1&2)