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05/21/25 2:03 PM

#3386 RE: gfp927z #3374

gfp: Yes, I'm still holding SVIX. This little pull back might be just that. Rinear think we have more "up" coming since the Fed is doing stealth QE again and the cowards of Congress are still going to continue running deficits over $2 Trillion a year. That's a lot of juice for asset appreciation just on the basis of inflation alone. I think a budget deal announcement and one or two significant trade deal announcements and the market will resume this relief rally. But a shoe may drop at any time. That's the nature of bubble markets...you know the pin is coming but you don't know when or where it's coming from. This market has an appointment at some point to reach much lower levels. But I think it can hold up on low volumes through the summer. Probably in a fairly tight trading range. But if it tuns out that way I'd be inclined to get very heavily "short" via UVXY and wait for bubble to pop. My guess is that it's going to be the fears currently circulating in the bond market all over the world. Sovereign debt is no longer considered a safe investment. Which is part of the reason gold and silver have been so strong, the recent drop notwithstanding.
https://finance.yahoo.com/news/worse-greece-debt-crisis-threatening-050000111.html