Well it seems that the US may default on their debt. We all know this will not happen. One thing for certain is that they will raise the debt limit and put in place some lie austerity program.
All in all more dollars will printed and prices are going to go up. Maybe they will argue a little and let everyone get real scared. Drive the VIX up to 40 so i can short VXX with $100k in puts. Wouldn't that be nice!
Thursday, January 6, 2011
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