Sunday, September 11, 2011

The Week Ahead - 9/11/11

Dendreon Corp. (DNDN) did drop to $10.50 last Monday, and if you would have bought you would have experienced the $0.90 bounce when DNDN closed at $11.40.

The VIX ETF I chose, VIIX returned over 11% last week.

Financials lost almost 6%, and Energy lost just over 5%. While the S&P500 only lost about 2% last week.

Despite some pretty good predictions over the past few weeks, this weeks prediction list is short. Sometimes the best move is to buy the market and hold. And if you are looking for a second move, short the VIX index. The market is going to slow, and probably experience a slight positive growth.

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