I see top sign everywhere, every market. Ironically, with price fluctuating, VIX didn't move higher. I don't quite understand what it means. I don't think we have room to go down at this moment since FED is holding a meeting now and will make announcement tomorrow. Maybe, maybe Wall Street is just pushing Ben for it.
BUT, the volatility makes me uncomfortable. As a conservative investor, I am thinking of Risk-Off at this moment.
Here is the condition:
If FED failed to deliver (or hint), and SPX failed to take out recent high at 1265 by the close of Wednesday 12/14/11, I will exit Equity, and I will hold Gold for a little bit longer.
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