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Do You Believe In Santa (part Deux)

115

Do You Believe In Santa (part Deux)

Do You Believe In Santa (part Deux)

by MoleDecember 22, 2011

Hey its Volar and it is good to get my Xmax gift from MF Global. So it is now business time again.

Speaking of business time- great link here. A good one.

Anyways here are some musings.

First, here is the VIX/VXV ratio. I have multiple posts on this in the past that talk about this time spread in IV.

Talk about text book… option traders believe in Santa and they get the gifts financed from retail traders. Retail traders get Vaseline from Santa and the “boyz.”

Speaking of retail- WTF- they just do not give up!

Now back to seasonality. Did any of you look at my last post? It has timed the last 5 months very well.

I still do not have many opinions on the tape- but will start digging as I get my account opened again.

I do, however, have mixed feelings on POMO.

I think this just goes to show that being too bullish right now (specifically PMs) may not be the best idea.

That being said, I am an oil analyst, who is fundamentally bullish oil (Brent, not WTI) and this chart looks bullish to me:

Just saying if there ever was a wave 4 would it not look like this?

Have a superb Christmas,

-Volar

About The Author

Mole created Evil Speculator amidst the chaos of the financial crisis in early August of 2008. His vision for Evil Speculator is a refuge of reason, hands-on trading knowledge, and inspiration for traders of all ages and stripes. You can follow him and his nefarious schemes at various social media waterholes below.

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