Thanks man. I would like to see something like this play out and and heavy short since spring waiting for capitulation event. However I’m not sure 2008 is a fair pattern comparison unless we have some kind of major catalyst. It could just continue to slow bleed until rates and valuations can be flushed out
MarlosClock
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@Alt-B, I agree. I really hope these fractals don't play out, but we should know by March if we're out of the bear market or not
Interesting, I doubt we gonna see VIX at 80 level unless something terrible happens in a stock market
Alt-B
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08 had a regular stream of reveals that x bank is insolvent and has massive exposure then the next thing would be their counterparties etc etc until the fed backstopped everyone and started qe
Alt-B
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We already know why it should be lower. At least that my opinion. Point is is it’s not a new catastrophic piece of news