Vix continues to trend higher. We're sitting at a 17 handle and based on the stochastic we may be about to take another leg higher after the recent pull back from 25. I can't believe risk protection is so cheap right now, it's insane. Yet most market participants don't think they need it. One thing I know for certain is large traders have been accumulating risk protection since Feb...
@peterbhc, Ya buddy, it's not going to be pretty. But, the Fed has inflated the largest bubble in history, and now they're about to tighten policy. Timber!