By hook or by crook, the congress has to pass the bailout bill. that makes the vix index reached 45 yesterday, history indicates stocks will rebound according to some experts.
So happy days are here again.:emwink:
Global Financial Crisis of 2008
Global Financial Crisis of 2008
Bobus
Bobus;126577#325 :
M2M (mark to market) is the current accounting rule. So I dont know what you are talking about.[/quote]
Bobus, much obliged for correction; I stand corrected. What I meant was that they were going to change "mark to market" to "mark to Book" values. I am a bit embarrassed for the slip. My apologies.:emsmilep:
Global Financial Crisis of 2008
Yum, yum - lot of good deals in the market now.
Fear index at all time high - VIX gone nuts - time to make/lose some money. Don't use stop loss, hedge with options or trade spreads - avoid whipsaw effect.
I'm playing the 2 yr. treasury note and Eurodollar in my casino account. TED spread is out of control and there is some opportunity for profits in Eurodollar. 2 Yr./10 Yr. spread looks very interesting too.
Time to use the dry powder to play in the global casino.
Cheers.....
Fear index at all time high - VIX gone nuts - time to make/lose some money. Don't use stop loss, hedge with options or trade spreads - avoid whipsaw effect.
I'm playing the 2 yr. treasury note and Eurodollar in my casino account. TED spread is out of control and there is some opportunity for profits in Eurodollar. 2 Yr./10 Yr. spread looks very interesting too.
Time to use the dry powder to play in the global casino.
Cheers.....