VIX should be 5 at the most, maybe as low as 1 or 0.25.
The current level is too high. SVXY to 1 billion.
Rent, gas, insurance, and food have literally exploded since 2012. But you already know that.
Look, here's the thing. Of course people are worried about the real economy. We all know it's weak and will continue to be weak forever. But what's the point of fighting this bubble? We all need to make money to pay the bills.
Exactly. It is simply not possible that rates will ever rise, ever. The VIX is totally out of whack, it should be 0.
That's how you play this bubble.
There is no chance this can be done without crashing the market.
Exactly- will be $125 in 12 months and $100,000,000 in 10 years. US economy will never recover so Fed will never raise rates.
1500 lol I would pick up the tab at Panera bread or something.
Agree 100%. If you look at my posts I have been telling Gemini to load up on VXX short and/or XIV long. He has not done it to his great regret. This is the greatest bubble of all time. We can see Dow 100,000 or more in 4-5 years.
Don't you all get that? Even a rise to 2 or 3% will completely crash the stock market and the economy.
You need to smoke a peace pipe. Why are you continuing to lose money rather than riding the bubble? If you want you can donate your profits to charity.
ooh, ah, Yellen farted.
He's right stocks are overvalued but I'd rather have the money I've made than be right! I do think we'll see a big correction at some point but I'm not sure Hussman will make money off it!