u r the best fade on et u know that right?
u started shouting wolf wolf when stock was @285 and nflx was @ 120
everyone knows they r in bubble but timing is the key..
because VXX is for short term vol. if the market continuous to be choppy like this VXX will go to ZERO
For past 3 months I have been watching VXX and all it does is go south just like UNG....
earning and outlook was pretty good which means stock will go to 120 before moving back unless market tanks
same thing happened with PCLN. 285 and 1 week after that it touched 310.
buffet pays only 15 % tax while his assistant pays 30 to 35 %.
i say increase tax on every stock, longer term or short term to 40%.
dividend 40%. risky assets 40 to 50 %.
take money from wall street and give tax breaks to small and mid size employers..