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  • Latest Forum Posts

    • i sell PUT options in the VIX so i follow this closely. This is the volatility index for the S&P index. In simple terms the VIX measures fear in the market. The amount of PUT options traders are buying to hedge themselves against a fall in stock prices. The VIX has been very low for a long time now. There is absolute complacency in the market. The VIX will always revert to the mean. We saw this level of complacency in 2007 prior to the 2008 crash. The Fed may well raise rates next month, there is the Dutch and French elections, either of which could break the EU. North Korea is launching missiles. There is constant conflict in the Middle East. The stock market is at all time highs without earnings to support these nosebleed heights. It is speculated that the market is being pushed high so the insiders can get out at maximum profit. Every parabolic move ends in a similar move down.
    • I sold everything I had and put it into metals...Am I a fool? Time will tell
    • Got better things to do with my day and my blood pressure than wait this through to completion .   Another sale lost Royal Mint - you never fail to disappoint me in one way or another
    • Yeah mine wont complete either - they need to put some shillings in the meter 
    • Probably loads of people thinking it's 33% off the total price that's slowing it down😀