Earnings Setup

  • The treasury auction went fine and now treasury bears have no more major events until the month of February. I am in no rush to sell my position.
  • Intel will blow out earnings as by all accounts Windows 7 is selling well. The only question is will the news get sold?
  • I will likely move to a large short position some time tomorrow as long as the market holds up.
  • Since the VIX is at 17.5, should I use options for my bearish bets?
  • If the TBT is such a horrible vehicle, why is there over $4 billion of the security outstanding?

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