Happy Hollidays, Don't Expect A Correction Now

[myminitrading]

Thats right folks settle in for the year end coast to the finish line. My guess is the major averages will log solid double digit gains for 2007.

Ho ho ho Merry Christmas everyone. I'm looking at my first Lear Jet. A Raytheon Premier I, used of coarse.

http://www.controller.com/listings/...860.htm?guid=ca0cded46c2c495196b81688323c85c4

 

[reno4nook]

You could be right.
3 week long trendline in the VIX was broken today.

1st close beneath the VIX 10ma since stocks tanked off their new highs 10-11-07.

In addition, stocks have rallied late in the day (professional buying) for the past 5 days.