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Don't know how I missed that....Thanks!

Nymex/comex site says they should've closed entirely today at 12:10 and 12:05 respectively...they are still active. Can't find any source for an answer to this. Anyone know what the hours are?

I don't know if this has already been mentioned, but here is the correct answer...excellent argument: http://www.indexuniverse.com/hot-topics/8783-credit-suisse-etf-mythbusters.html

Fine. Touche. Sure. But that's not really what I was trying impress on readers here. You're citing the falling prices of assets and how that affects the supply of credit. The point I'm making is that it is "supply of credit" that is the end issue. The distinction I'm drawing is between that...

Yes. I have no idea what I'm talking about. Completely full of shit. Finally someone calls me on it.

Look up "Real Interest Rates". It should be clear from there. Also look up Irving Fisher and "Debt-Deflation". If you don't understand from there, ask again.

No. The "when people start hoarding cash" argument is the other part of it. That's the "falling prices trend" part of it. The "that jacket will be 30$ tomorrow" part of it. That's the wrong problem. It's a problem, kind of. But not the big problem. The big problem is the "I have a ton of debt...

Ahh, you're talking about justice. Agree on all points, but -50 points for irrelevancy.

Is that meant as a response? Of course rates are going higher. The Fed is holding the bond market up...poorly. And I am short treasuries, as who wouldn't be who likes money. But those are nominal rates. And a solid uptick in money and credit supply, and inflation, means that real rates are...

I'm not saying the Fed did the right thing. I'm just sick of reading people saying deflation is fine because that means prices are falling and that's a good thing and should be expected in a productive society. That's the correct view in 1890 when the railroads are burgeoning and US...

Basically, yes. A period lasting several years of relative public disinterest in the stock market characterized by increased regulation and taxation.

Here it is. http://www.elitetrader.com/vb/showthread.php?s=&threadid=176440 see above. The point is, well, look at the chart, and the green shaded areas. You'll get the point. Chart: http://www.elitetrader.com/vb/attachment.php?s=&postid=2576250

It is a combination of 1939 and 1976 at this point, which I showed tremendously conclusively in another thread. The similarities are remarkable. And it speaks to a kind of supercyclicality. There is no other answer that deserves even a moment's consideration! (Not sure how to link to...

I haven't read all the intervening posts, but I still wanted to chime in as a response to the initial post in the thread because this is something I base a lot of trades on. I have this rough principle that guides some portion of my entries that has to with a kind of theory of the evolution...

As an update, the dollar strength idea mentioned here has obviously come to pass. But I am starting to buy euros tonight. Short interest here is at all time highs. Sentiment on the dollar has reversed entirely. I just can't see any other way to go.

I think this discussion has run off course a bit. My original point takes into consideration that this etf is supposed to track vix short-term futures, rather than the spot VIX. And that it seems to be straying from even what one should expect were it dealing with a vicious contango...

This could be....I hadn't looked at the forward curve. Should've. Will look at it in the office tomorrow.

I understand that. I am looking at a chart of short term futures for the VIX on a bloomie. The charts are massively divergent.

I just can't figure out what's wrong with it. But an overlay of VXX on VIX short-term futures very clearly shows it is not at all even approaching coming close to tracking its target, day to day. The odd thing is, I can't even find a single theory anywhere online that even questions this...

There is another dynamic that has come into view of late that, as I understand it, makes it tougher and tougher to see this bill passing: it is now beginning to be referred to as "the global transaction tax" because the US doesn't want to be the only major financial system to do it. This...