Prepare for a run. Tarball has NEVER been correct on his projections. He was in TVIX at $16, doubled down at $7, and then it fell to $.80. He is a gambler, if he is in at all. TVIX is not a buy and hold, it is a shortterm hedge against downside volitility.
hey dom, I hope he is wrong also, but the day isn't over yet. Personally, I think thr markets are going to shrug this part off. the bigger deal will come when they try to raise the debt ceiling. lots of luck with that.