Time to collect social security old babe.
Blame it on twitter.
But I thought you said Amazon would be in blowoff to above $400? Your flip-flops confuse me Syb.
In 1901 Northern Securities squeeze sucked the life out of the rest of the market, and a brief but huge plunge happened. Twitter may be our Northern Securities, although 1901 was pre-FED and pre-QE. But still, a huge bubble exists and it may be starting the pop phase.
Twiiter inflating, others deflating.
I was kidding Syb. I can see it running up a little 1st day. But from what I've seen Twitter seems to be frequently a porn site. And no profit model, like our own fave A'zon.
I don't know how much cabbage Sybil has, $10 or $5 mil, but Sybil gives opinions on stocks. What do you contribute? Why not discuss stocks?
Agree--plus if these tax squeezes cut production, HL's silver could be way more valuable--$35 an ounce? HL over $6 soon, matter of weeks or months.
Sybil, you are wrong on one important point. Of course you don't buy your longer term puts as the volatility spikes. You buy them before (like now) while the volatility is very low, in anticipation of a market drop and volatility spike. I also think you greatly overstate the risk of a default in the options market.