VIX

Wow VIX down to the 13s again- Not surprising but anything below 12 for me is a load the boat scenario as a medium to long term play. Stuff looking for extended and I turned on the talking heads and they noted little participation on the retail side of stocks. I guess just like housing bottom that never was (they have called the housing bottom over a dozen times) retailers are just not that sold on this melt up. Biotech looks like they want to move up but I am so wary on playing much here on this light volume. Maybe we will replay last year where the first 1/2 of the year is strong and the second half is weak all I know I don't like this extremely low volume. Watch out folks looks like $5 at the pump is definitely happening sooner than later and Oil looks like it is heading for $112 from my technicals. I Hope I am wrong as that would be a heavy toll but we will see soon enough. Have a great weekend!

Expiration

Expiration today so that means no market for me- Expiration day usually is highly manipulated and usually comes with extremely heavy volume or extremely light volume so it is very hard to trade- Next week should be interesting as most managers will start their window dressing for the end of the first quarter.