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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: ild who wrote (36396)7/20/2005 2:39:52 PM
From: TH  Read Replies (1) | Respond to of 110194
 
ild,

Why not, there is no risk in this market.

Did you see this little blurb?

Greenspan's comments make a 10th quarter-point move at the Fed's next meeting in August a virtual certainty.

During the question period, Greenspan received extensive praise for the job he has done at the Fed for the past 18 years. One lawmaker, Rep. Brad Sherman, D-Calif., said he was introducing a bill that would allow Greenspan to serve for another five years, removing the current requirement that will force Greenspan off the Fed board next Jan. 31.

biz.yahoo.com

With Greenjeans at the helm for another five years, the VIX should be zero right?

GT
TH



To: ild who wrote (36396)7/20/2005 2:47:18 PM
From: Canuck Dave  Respond to of 110194
 
VXN hits a new low today, too.

This isn't the way bull markets behave. They rise, correct, consolidate, climbing the old wall of worry.

There hasn't been a single decent correction in two years. One day, the manipulation falls apart and who knows where the pieces end up.

Who even knows what the pieces are at this point.

CD