Friday, May 12, 2017

Fear and Greed Meter

VIX is similar to cnnfn's Fear and Greed index described in my books. Now we're in Greed stage and that means the market is risky. When the shoe shine boy tells you to buy stocks, it means everyone is participating in the stock market and hence creating a bubble. The bubble could last for a long time or bursts today. I can tell exactly when if I have a time machine.

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