Monday, May 11, 2009
VIX to 25? (Or To 0 For That Matter)
The more I read, the more upset I get. This is getting to be a joke. If what ALL of the bloggers, websites and non-domestic media outlets are reporting about the corruption in our financial system is true (OK - let's be fair - say 50% is true), then the U.S.A must be the laughing stock of the world. America must win the award for the most idiotic bunch of morons and greedy bastards award. The public is handcuffed by Hope and Change, a spineless congress, the FED and a multitude of characters that are consumed by one thing and one thing only, power. We are sooooo screwed.
I almost forgot the chart - annotations are there. Self explanatory stuff. But it could go to 0, who knows?
Sorry for not linking any articles. I'll give you one must see vid that I got from Tyler at Zero Hedge. REMEMBER - this is NOT ANOTHER SNL skit like the one traveling around this morning. It may seem like one, but it is not. This one threw me over the edge. Best I don't post any more. This is getting out of hand and those that know me don't want to hear me rant.