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Former Options Trader !!!
Join Date: Feb 2003
Location: Bucks County PA
Posts: 6,757
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A jobless recovery? Do you believe in Santa too? Sorry but the massive spending by the govt and the silly artificial low rates may have propped up the stock market in the short run. Look at the quality of earnings, look at top line vs. bottom line growth. Yuk.
Want something really scary? Look how quickly we forget... the risk premium in equities is a joke right now ( before today’s drop) The vix is at a level which for a decade was considered the near bottom in it and it’s as if no one cares about the downside.
Yea cash stinks, yield blow, and I got out of all my longs by the end of August. Did I get the top? Heck no, but I don’t care.
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Current:88 Guards Red Coupe, 89 Coupe Track Rat, 76 Caddy Eldo Convert. 2015 Aprilia Tuono
Wrecked 1987 Targa Guards Red, 2003 Ducati ST4S
Sold 1987 Granite Green Targa, 993's, 93 RSA, other 964 coupes, 89 911 Turbo Ruf mods, 90 e30 M3, 07 BMW R1200S STOLEN 94 Speedster
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