You know we are going to Break the DOW streak record.
It was 13 days is it not?
Funny thing is, is that record occurred in 1987. We also know what happened in 1987 when the market was exposed to "frankenmechanisms". I do not think the sell off will be anything like 1987 but I do feel it will be quick and decisive.
Question is, when. March, April, November maybe even December. VXX can translate into the largest benefactor of a move as I have described, question is the cost of owning a position becomes more and more expensive with time. Round and round she goes where she drops nobody knows!