VIX
Started by
nicolasillo
, Apr 13 2010 04:28 PM
9 replies to this topic
#7
Posted 13 April 2010 - 06:04 PM
sure. Mchugh says evrytime its gone out of the BB 2 standard dev's and then closed back in, it was a signal for a pretty good slide, including the biggies in 07 and 08. Its given off the signal 4 or 5 times now since 07. It can go up a few more percent, but market should show a pretty good drop anytime now.
maybe we drop 10%, then one more rally high, then this bear rally since march 09 is done. probly by may or june would put nail in. sell in may boyz.
OTIS.
#9
Posted 13 April 2010 - 06:57 PM
and finally,
you know my view on the shipping industry.....
wti to follow.
And for the record about shipping equities and high yield bonds. All the secondary offerings and new bond issues of shipping companies that occurred in 2009 were mainly for debt repayment purposes. Banks do not lend easily to shipping any more, and if they do are very selective. Massive orderbook is still there. Let s see what is going to happen there, and lets not forget that about 75% of the world trade is transported by vessels
Edited by nicolasillo, 13 April 2010 - 06:58 PM.











