Also, anyone know what happens if they don't agree on something by December 13th? nothing happens then until January 6th?
God our government is an embarrassment lol
thanks for the timeline. might not be a bad idea to go long on some VIX calls, take profits, then buy VXX puts once this pops as well.
google it. depends on reactor restarts.
Care to illustrate the value from the reinsurance and the various swaps and "other financial instruments" ?
You always get the whiners when market is down, and this is down. Why not the reverse?? :-D
King, how long have you held your short and what brokerage? I've heard many brokers force covering randomly sometimes. That's my only concern with shorting this.
Segal said the same thing in 2007. He's a perma-bull, as crazy and non-informative as Roubini/Peter Schiff and the perma-bear/apocalyptic crowd.
"The "things" I look at tell me we're still going up"
When you say we're still going up....referring to UVXY or S&P500? Also out of curiosity, what things are you looking at?
I do hope we get a real nice pop in about 2 weeks. Last year in December, this thing shot up b/c of the fiscal cliff. Then the first trading day of the new year, it plummeted like 40%
I regret selling my puts 2 days ago. Need another temporary VIX spike so I can buy puts again....come on market, please.
I know several value investors who like it - main thesis is they are transitioning into a services-business like IBM did in the 1990's and beyond. But can they compete with IBM, Microsoft, Oracle, etc.?
Are any longs here? Thoughts?
Gotcha. Yeah, I usually just buy puts when it spikes. I've made the mistake before a couple times (yikes!!) of buying puts too close to expiration where the VIX/futures help up, and I lost a lot of money. Now, I buy options that are at least 2 weeks out, which usually gives enough time to recover from a potential VIX spike.