Replies to post #1053 on iPath S&P 500 VIX Short-Term Futures ETN (VXX)

[risk on]

"We don't have an asset bubble now. We have strong corporate economic activity. "

We have normal, level corporate profits. Because, they made do w less labor costs as a result of the 2008 blood letting in the labor market, and.... Because interest rates are artificially low. And as far as the rise in equities prices , thank the fed, and the QE policies.

But, as far as " overpriced " equity prices, looking at RSI , fast / slow Stochastics , and ADX.... This period, right now is a much longer stay in "no mans land", so far anyways.

Congrats on the stock picking , that is impressive.

[risk on]

SPY Overbought? Look at these two charts and You tell Me: