That'll leave a dent

[RayT]

https://finance.yahoo.com/news/carl-...183000697.html

[thaskalos]

One more move like that and he'll be bagging groceries.

[PaceAdvantage]

The markets have been interesting lately...haven't been doing a helluva lot and the VIX has been moving steadily downward...even on the rare big down days over the last 5-6 months, the VIX never really went all that high, which was kind of surprising.

So we're either entering into a prolonged period of "calm" where the market basically "melts up" for months or even years....or...we're setting up for the crisis Icahn was betting on, but didn't have enough money to wait for...

[RayT]

Originally Posted by PaceAdvantage

The markets have been interesting lately...haven't been doing a helluva lot and the VIX has been moving steadily downward...even on the rare big down days over the last 5-6 months, the VIX never really went all that high, which was kind of surprising.

So we're either entering into a prolonged period of "calm" where the market basically "melts up" for months or even years....or...we're setting up for the crisis Icahn was betting on, but didn't have enough money to wait for...

"Market can stay irrational longer than you can stay solvent"

We are quietly up 1100 points on /NQ since 25-Apr low. I think market is telling us rate hikes are done.