In last week’s ‘Tickling The Dragon’s Tail‘ I mused about the possibility of a VIX Buy Signal on the horizon. Which was followed by a sideways session in the S&P 500 with the VIX actually dropping lower. At the same time the VIX:VXV ratio pulled > its upper second standard deviation and all that means that the fun and games are just about to begin this week. Confused? I don’t blame you but as usual the ole’ Mole’s got you covered:
Yesterday was my first day back at the gym and managed to snap right back into my full routine in stark contrast of me barely being able to walk upright just last Sunday. As the saying goes: No Pain – No Gain, or in Yuletide terms: No Lift No Gift! Which pretty much has been my motto for most of this year as I’ve been working my ass off 10 hours plus seven days a week on the quant system front, all of which is slowly starting to pay off now. More on that to follow over the coming weeks after alpha testing has completed.
Christmas is only days away and I’m sure you have more urgent things to attend than to stare at charts or talk about them. But for the die-hards amongst you and the 5 Billion non-Christians frequenting this blog I thought I’d throw up a few forex charts, some of which appear to be ripe for the plucking today or tomorrow.
It’s FOMC day and I’m pretty much going to sit on my hands until all the dust settles. Speaking of which, my real life hands happen to be in bad shape these days. It turns out that punching walls and occasionally people as well as several hundred fist push ups per week combined with constant keyboard usage actually takes a toll on your mitten fillers given enough time. Suffice to say my traumatologist isn’t happy as he had to give me my second course of cortisone for this year after my left middle finger ended up being stuck retracted in the morning.