Friday, February 29, 2008

Updates: Oil, Euro and VIX are on the rising, S&P500 is falling - but the model goes on!

I have been preparing for a conference so I did not had time to update the blog. This appears to be a very good week (for the models not for the markets!) The EurOil Index project is now on its 15th week and is doing very well.

But its the S&P500 and VIX project that this week has performed to expectations. Past Monday's recommendation for S&P500 was correct and this Friday's recommendation for VIX seems that will come out with big success. As the S&P500 is dropping by more than -2% the VIX is extremely volatile and bursts from 2-something to over 25. If it closes above 25.02 in an hour it will make a big impact on the cumulative return of the main strategy.

Please visit the webpage for more later today and tomorrow.

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