Tuesday, March 11, 2008

S&P500 and VIX, Euro and Yen Updates

Last week ended with a 52 week low for the S&P500. The recommendations both for the 7th and the 10th were for S&P500 but none realized as the markets plunged and the VIX soared. However, both the coming Friday and next Monday recommendations are for again for the S&P500 and, already, this seems to be coming out true - the markets today gained over 3%. It appears that the rotation from the VIX to the S&P500 came out true with a delay. For more information please visit the S&P500 and VIX trading-by-rotation websites.

On the Euro and Yen front it has been a good week for both currencies although the suggested recommendation from past Monday was not right: it was for the Euro which did appreciate by 1.14% but the Yen appreciated by 1.72%. In any event the cumulative gain is now at 4.92%. The new recommendation for Monday the 17th is for the Yen.

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