Take it as the market gods giveth ...

Lately all my big short positions yielded 5% return, i.e., short VZ and long SDS... I was lucky/smart to take whatever I could get and not wait for the precipitous drop that many, including me, are waiting since god knows how long. Surprisingly one of my money maker trade was on the long side, i.e., NITE... was lucky to nail the exact bottom on this one and am already out with good profits...planning to re-enter again on Monday on minor pullbacks...

So what happened to the dollar - market inverse correlation?... The prices just proved again that the masses are rarely correct in their prognoses. Lately the masses are expecting a correction early in next year and I am sure thats not how its going to play out.. the difficulty now is to predict how else can and will it play out... Until then, keep watching the prices.... am on the sidelines...