You are correct I am not nervous at all you will never see a 10% correction in stocks, at least not in the next 100 years, the market is decoupled from fundamentals so I expect XIV to hit 150 billion per share.
End of story.
Not that complicated- goes under 50 cents by Christmas.
You think? That puts it at 6 cents. You think it would hit 12 cents then? I cannot see it! I say the S&P goes to 10,000 in 8 years!
I am feeling that 9 is gone forever on HSGFX. When we hit 2500, 10k in SPX will have moved to 40k from March 2009 and 10k in this will be worth about 5k. He ought to shut it down now.
Doubtful. Remember the only reason for stocks to drop would be if people could make money elsewhere. With low rates likely for the next 50 years there is no catalyst for a drop.
Truck will run you over. This will never hit 1.50 again. 50 cents by Christmas. Or assuming they do a 1 to 10 reverse split, 5 bucks by Christmas.
Probably- but in any case it's a moot point. You will never see a 40% drop, or 30%, or 20%, or 10%, until the Fed raises past 2% (in other words never). By never, I mean not in the lifetime of anyone on this board, assuming such lifetime lasts no more than 75 years from today. I am saying you will most likely not see a 10% correction in stocks in this century, which is why I have continued to be leveraged short VXX. The reason is quite simple- we finally reached the point where stock prices are completely divorced from fundamentals. It wasn't easy but we finally got there.