VIX at 28
May 11, 2010 in Investing, Uncategorized by Brad T. Simms
Yeah still not going to touch this market with the VIX still above 25. Sitting on the sidelines with cash. Trust me I love what I am seeing with some of these values. So just look but do not touch.
I have a lot of concerns about the EU and their debt crisis. This thing has so many bad vibes it could be worse than DOW 9,000. Yes now knowing the US is looking to be helping the bailout with $50 billion. It just gets worse the spending and bailouts and who is going to pay for this. Be very careful and do not buy right now.
