Wed, May 22, 2013, 11:02 AM EDT - U.S. Markets close in 4 hrs 58 mins
This Summer I had suggested the VIX at $17 - $18. After I saw it run four complete cycles to $21 the last time I said to sell at $22.Then it ran to $42+This got be thinking..what kept the BIG BOYS from BULLYING investors? Everyone owned insurance!..So! today's recommendation is simply buying insurance...sometime down the line this will once again cross $30 probably to $34...so you will make 30%..However I do not expect this to happen in the near future
I was referring to the VIX...sorry I thought I was commenting on my previous post titled "History"