I realize being bearish posture of late makes me the classroom dunce. I also realize this proves for all to see that my IQ resides just slightly above room temperature. Given my circumstance I need an enormous favor.
In this vein, I would greatly, no.. .check that, I would strenuously appreciate someone explaining to me how we can get a market down 100 one day, up over 100 the next, then down 200 only to rally 100 towards the back half of the day, only to then be followed up by being down 150 the next day.
Yes, call me crazy for assuming a bearish stance in the face of rising job losses, rising emergency unemployment claims, rising home foreclosures and credit delinquencies.
The up and down part I get, what I need the help with is how we get a VIX below 20 in the face of this. Given my previously reported IQ, I have come to the simpleton conclusion or a least one that Shakespeare might have, that something is rotten in Denmark. Someone, other than Chuck Prince of the music's playing so we're dancing fame, please straighten me out.
Good speculating to you all and please remember to never forget that "an investor is a speculator who made a mistake and will not admit it".
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