Sorry for your losses, but you had to see this coming if you have the sense God gave a mule.
the rest of the century.
I'm so ill I've made 7 digits shorting the VIX proxies. You will see the Fed come up with all kinds of reasons not to raise rates in 2016, it is going to be beauteous!
Exactly brother- and they won't raise in September either as "everyone" believes. They won't raise in 2016, or 2017, 2018, etc. They simply cannot and will not raise.
If the Fed doesn't raise by 2100, as I expect, XIV will hit 100 trillion per share.
It will hit $500,000 per share.
Get on board.
How about 0% for 150 years, Dow would be 100k. Since he follows this board I expect this to be addressed in a weekly comment soon.
Lot of people been saying that for years now. My prediction is a bold one: Fed doesn't raise before 2020, S&P hits 5000 in 2020.
Nothing normal about this market. Shiller p/e 27 now why not 127?
It's my opinion you'll never see a 10% drop again.
Doesn't matter if VIX can't go lower, contango is enormous. I have tweaked my model and the new numbers are Dow 10 million and SVXY 15.8 billion per share in 20 years.