As the majors drift sideways on Wednesday afternoon, after a bullish morning, Vix is at the LOD (18.16). When you look at Vix from the weekly timeframe, the trend is quite pronounced, and we're at solid multi-year support. It looks like things are going to get very wild, very soon, and from a macro perspective that makes perfect sense. I'm well positioned for anything that comes.
As some of you know, my wife and I sold our condo in Toronto a few years ago in anticipation of a market top. We've cut our monthly expenses in half in the past year, and we're essentially debt free. One thing I refuse to be in the second half of my life, is a slave to the government or banking sector. I'm preparing for the worst, but hoping for the best, I guess that's all we can really do at this stage...
As some of you know, my wife and I sold our condo in Toronto a few years ago in anticipation of a market top. We've cut our monthly expenses in half in the past year, and we're essentially debt free. One thing I refuse to be in the second half of my life, is a slave to the government or banking sector. I'm preparing for the worst, but hoping for the best, I guess that's all we can really do at this stage...
