Sorry, with the holidays I forgot to post my addition of upro. This is a short term pickup. The market sold off hard and volume tapered off. If you did not pick it up and want to, maybe wait a little on the open as TRIN for the spx is very low. To be fair I do not like the market action, but again this will hopefully be a quick short play.

Reason for sale: I think VIX is overextended. We were in upper 22's a couple days ago and now upper 14's. It probably will go just a little lower, but I don't need to hit every top and/or bottoms, just good hits along the way. This certainly was a good hit.
Miguel Nasiff
12/31/2012

My friend Brian. I hope you finish this 2012 with your family in peace and I wish you a very good 2013 full of success and happiness. From Argentina salute you. I admire, respect and appreciate your opinions. I seguire communicating with you.
Happy New Year!!

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