Monday, June 29, 2015

Grexit Panic Delivers Stocks’ Worst Beating Since 2013

Grexit Panic Delivers Stocks’ Worst Beating Since 2013



This is a very good article about how the bears triumphed on Greek Monday when the Dow fell -350 points.  Holding TVIX would have made you a 34% gain in one day.  Long term bonds are now in favor again in spite of a supposed bond bubble.  The Dow also closed below its 200 day average.  So, we should be buying bear protection stocks because the Greek situation is nowhere near over.  People have been downplaying this scenario for a long time, but the panic has begun as the day of reckoning really approaches.



  

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