Last Post of 2008

VIX has hit 90 in October and November, now it is back to below 40 for the first time since early October. Before the turmoil in the stock market in October, VIX with higher than 35 has been considered record high and a turning point.

S&P is above 900, which is a critical resistance level for the S&P - 50DMA

1. Are we going to see high volatility again in 2009?

2. Is the market too dangerous to be short, and way too early to be long?

3. Has market priced in all the bad news already? How will the bad economy news (4th Quarter GDP, retail, unemployment, housing) and a fresh new round of corporate earnings effect the market?

4. Are we going to see a Bear Market Rally until Obama's inauguration? With hope in Obama, will his $1 Trillion Stimulus package help the U.S. and even global economy? Is it good to buy consumer staples and infrastructure stocks?

5. If market is up in January, then the chance of the stock market being positive in the whole year is quite high. Is January going to be a critical month? The economic data for 4Q, 2008 is going to be bleak. While the 1Q 2009 is going to be even worse, since it is often the slowest and weakest quarter of the year. Many analysts suggested the market is going to see a turnaround in the second half of 2009, true? Will cash finally come off and boost the stock market? Will 2009 be better or worse? Depending on housing, treasury, credit spread, unemployment, and etc.

6. What will be the 2009 Strategy, and how to rearrange portfolios to prepare for 2009?

7. Will technology section be the last to drop and first to recover?

8. Will American become the next Japan? A Nation Deep in Debt.

9. Is commodity going to be up in 2009? Oil? Gold? Good to buy UPL, DIG?

10. We are seeing a Treasury bubble right now, short Treasury. Are we going to see an inflation in the end of 2009?