Distressed Volatility

The Crash of 2008

I cautiosly agree, with VIX possibly seeing a major correction, Libor rate declines possibly moving out longer term, as well as being at post '87 crash trend support levels (Dow 7.7k to 8k-ish) and tech bubble lows.. It's possible we could be rounding out some support soon, not saying we couldn't retest lows, but risk/reward looks better on the long side... *Unless of course there's a global economic/money flow melt down... You have to throw that one out there! -distressedvolatility