Principal Asset Development

The price of Options will be getting cheaper as the VIX continues to fall and the SPY heads North-East. The next point of resistance is at 16.04 and perhaps we will see a replay of the V-bottom which occured back in October 2007. Point being the end of this Bull run may be near in the next few days. Otherwise the VIX continues to plunge and market highs will be tested going into summer. It just does not add up: continued negative housing data, sub-prime threats still looming large, rising oil, falling dollar, rising inflation (grocery prices have largest month over month increase in 18 years), the Fed's hands are tied with infation and are hinting rate hikes are around corner.......