• Market Maven
    VIX still sitting in the 17 range... still not seeing the fear out there....
    5/2/12
    Reply (16)
    • westcoastinvests: just look at the price action, no fear
      5/2/12
    • Josh Krause: Why would there be fear. Everyone is looking for a new LSAP progam out of the Fed in June. No fear until that is no longer in place.
      5/2/12
    • Josh Krause: Even Hollande and Greeks winning on Sunday will only be a short term spike. The party will continue as long as the punch bowl is out there.
      5/2/12
    • westcoastinvests: Yes, ZIRP continues to give the biggest players very little incentive to sell stocks, remarkably common equity has become safest investment
      5/2/12
    • Mercy Jimenez: Agree, but Fr bank nationalization fears+ http://read.bi/IFY8WE + UBS Gr fears = bad set up for wknd http://bit.ly/KuxvQt
      5/2/12
    • westcoastinvests: Plenty of macro to suggest stocks could or should decline but until big players actually start to sell equities won't fall.
      5/2/12
    • westcoastinvests: My surprise isn't really about levels we are at but rather the fact that there is almost nevera single day where dip buyers don't step in.
      5/2/12
    • Husky Financial: the bernanke put
      5/2/12
    • westcoastinvests: yes just surprising that it essentially never takes a day off
      5/2/12
    • Josh Krause: Because Bernanke isn't taking a day off until June. He let off the gas from May - Sept and we saw what happened. Will he try a repeat?
      5/2/12
    • Josh Krause: I am skeptical but with Oil and the markets where they are I don't think LSAP or Neo-Twist are going to come back to back. Probably wrong.
      5/2/12
    • westcoastinvests: Action certainly makes one doubt their ideas about how equity prices move and constantly reevaluate what's happening, or maybe thats just me
      5/2/12
    • Josh Krause: Greenspan saying stocks are cheap, buy, buy, buy should have had people liquidating en masse. Greenspan is a terrible forecaster.
      5/2/12
    • Josh Krause: Blew 2 bubbles and helped rip apart decades worth of carefully constructed useful regulations. Man is a menace.
      5/2/12
    • westcoastinvests: Bernanke may make him look rather harmless.
      5/2/12
    • Josh Krause: May, but he is the engineer of our current predicament and his influence still lingers on like a foul odor.
      5/2/12