Setting up for market devastation?

Today I added potential upper channel boundaries (purple) based on the previous two vix spikes and it tells me that we are setup for potential market *devastation* with a possible vix peak of 70 over the next two weeks. For the courageous, I say it is time to short the market for a 4 to 14 day cliff drop. For the more conservative, stay safe in cash or play a little silver. There is really nothing safe out there right now, despite what most analyst have us believe. Good luck all!

P.S. If you have a moment, take a look at BMA. What in the world would cause the 2nd largest bank in a country (Argentina) to lose 50% of its value in a single day?!

Commentaire:

Was today the end of this idea, or yet another bull trap?

Commentaire:

So far every time i posted, "Was this the end of this idea?", the vix has skyrocketed the next day, so...

"Was today the end of this idea???"