The health of the market has never been better. Ignore the cat calls from the people with deformed brains. We’re going higher. It’s safe to head back into your underground harems and partake in sexual endeavors, if that’s the type of thing you’re into.
I closed down 1.1%, led lower by WNC/USG, partially offset by FBHS, VHC and GS.
There is no need for watchlists, young man. Everything is about to go higher.
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Thoughts?
http://www.businessinsider.com/art-cashin-on-big-vix-bet-2013-2
Perhaps this trade is part of a portfolio that is long (or already up)by a much larger dollar amount.
WNC’s Sterne Agee report was interesting. Generally agree with their thesis. Any thoughts?