r/WallStreetbetsELITE • u/RoyalChris • 1d ago

MEME Tired of winning yet?

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u/Lingweenie2 1d ago edited 1d ago

Yeah like someone said. Fear and greed is a 4. That’s insane lmao. Don’t believe I’ve ever seen it this low. Maybe not even below a 10.

Time to load the boat folks. I’m buying this fear till the cows come home. If this ain’t capitulation then i don’t know what is.

3

u/Corelivan 1d ago

For a capitulation i need a 80 vix

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u/Lingweenie2 1d ago

The VIX is the third highest it’s been in like 20 years. Only times higher was Covid and 2008. I don’t even think it cracked 80 in 2008. Waiting around for 80 is HIGHLY unlikely to happen. It’s quite rare to go past 35-45.

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u/artulab 1d ago

VIX was 65 on July 2024.

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u/Lingweenie2 1d ago

Where are you seeing that? VIX during July 2024 was right around 15. Most definitely not anywhere near 65 lol