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Direxion Daily Small Cap Bear 3X ETF Message Board

  • ccslowmo2004 ccslowmo2004 Feb 27, 2013 4:51 PM Flag

    Major headfakes this week

    I've never seen so many false signals before. VIX was absolutely impulsing up, and then stopped suddenly. Selling volume on the indexes was big, the Italian election surprised the market, and we still face sequester. The almighty Bernank rescued the market for now. Have to take quick profits when you have them long and short. I thought for sure VIX would be making new highs this week, I was wrong. Who knows how long this will continue, but I do believe the market is overestimating QE, and underestimating the fallout from the sequester which is only the beginning of our government's debacle.

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