Ok, usually I don't like posting this kind of thing, but seeing what's going on, I'd like to have your opinions. I will show you some things:House prices in US
well by now everybody has seen this one...
TED spread (3 mths Libor vs 3 mths T-bills:
This Chart says: You want credit, come get it if you can...
If you see here the prices for Credit Derivatives (Index), it's very awkward to see the iTraxx Cross Over that was around a 15 months ago at 70bps at 730bps, 10 times higher...https://www.markit.com/markit.jsp?jsppage=indices.jsp
And now a long term trend of the DJI deflated (is this the right term, I wanted to say that I took inflation out) - I prefer the S&P but I couldn't get anywhere a S&P for that long, you know, hehehehee:
All this with volatility - take a look at the VIX:http://finance.yahoo.com/echarts?s=
It's either more explosive than TNT or a once in a life time buying opportunity. What side are you in?
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