Volitility is here to stay? Who knows. We should buy this market because stocks will rise on anticipation of a recovey. I'm watching enegy and aggriculture. Check the XLF and the MOO. Both etfs are going to recover but keep your powder dry because opportunities present themseves every day. Consumer and health care can also be good recovery plays but the money is not fast enough for me. XLV (health care) is up modestly today and that is what we need for stability, and recovery, good modest increases. Dont forget what happened. It's not like someone fliped a switch and you can't loose anymore money.
The technical indicators point to a stochastic cross on the ulrashort fund QID forcasting a decline on the graph. This can be a very bullish signal for a 2 th 3 month recovery in equity prices across the board.The goverment also sais they will start buying stock in US banks. Another good signal for buying opportunities. I wan't to take advantage of this by looking to buy january calls on some strong earning stocks like MOS or LDK.
Bullins options are good in this environment but if you want to play it safe look at buy-writes. (do your own research at wiki if you dont know what this is). Buy writes pay you the premium on the contracts. You can make some good money here.
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