Topics: Investing, Business, Entrepreneurship
**Rashad Bilal** (0:00)
I don't think anybody is talking about how low the VIXX got.
And not only my levels that I'm always looking at is between the number 11 and 15 Whenever we get to those levels, like historically, if we just go back, let's say three or four years, the last time we got to 15, 25, a few months later, we shot up to 27 In 2020, five, we touched 16 And then a few months later, we got to 30 A couple days ago, we got to 15 We're currently at 17
Normally, that's when, you know, you get that little knot in your stomach, like, okay, I've seen this happen enough. I don't know what's gonna cause it, but I don't hear enough people talking about. And the biomarker could be the thing that causes it. I think that's why they're trying to get in front of it. But I could see us go from 15 to 27 over a three or four month period, which I prefer not to happen in the fall. That's why, for me, if I'm gonna have a storm, let the hurricanes and all that stuff happen. And not to be remiss for what's happening to Gary, I want to be insensitive, but I want my issues to happen in the summertime. So when the fall comes, everyone's in a biomarker. So if we hit 27 or 30 or 30.2 on the VIX in November and December.
**Troy Millings** (1:29)
No, we can't do that. No, we can't do that.
**Rashad Bilal** (1:32)
Cause it's gonna bleed into January and now all the real think pieces about 27 are gonna come to light, but I don't want that.
**Troy Millings** (1:41)
We cannot be in those volatile situations in November and December. That is the biggest quarter. I mean, for our tech companies, for sure, for the Apple of the world, Amazon, the Microsoft of the world.
But yeah, 2025 is when I'm like, all right, seat belts on in the fix. And I've seen that happen over the past, since 2020, so six years. We've gotten into those mid-20s in September and October. So we're kind of gearing up for that. But again, history, I think it's rewriting itself now.
**Rashad Bilal** (2:14)
We can see what happens. Rewriting is the code word for manipulation.
**Troy Millings** (2:21)
Why can't we just be clean for two seconds?
**Rashad Bilal** (2:25)
I'm sorry, it's me. It's me and Rashad.
**Troy Millings** (2:27)
They go, you know what?
**Rashad Bilal** (2:28)
You all think pieces, me and Rashad are the trouble.
**Troy Millings** (2:31)
That's true.
**Rashad Bilal** (2:34)
But it may be different, but if they rewrite it, when it does, okay, like when I was little, right? I would prefer for my mom to spank me than her to call my dad to get to spanking.
**Troy Millings** (2:46)
Because it's going to be worse.
**Rashad Bilal** (2:48)
So if we delay this, if we have no midterm drop, no summer drop, no drop in the fall, the one that happens in February, now, if we have a drop when all the new hedge fund money is slushing in for that February and March period, it's going to be hell on earth.
**Troy Millings** (3:10)
It's going to be, it's going to be. At some point, at some point, the roller coaster has to come down, right? Yeah. And we, yeah, the, it usually, the party, which we call it, in the words of Mike Novogratz, you got to know when to leave the party, or at least step on the sideline for the party. And we don't know when the party is, meaning that there's going to be a deep correction. We haven't seen it yet. All signs are pointing that it won't.
I know 8,000 becomes the number that everybody's watching for the S&P, so.
All right, do we get there first, or do we climb back down to 7,300?
**Rashad Bilal** (3:46)
I think we'll hit eight first, and then we'll let some of the air out of the balloon, because if you're raising capital, even with Bitcoin going up, sailor position is now back positive. There are some engineering and games that they're playing.
So, we'll get closer to 8,000, and then after the funds have been brought in And they. have settled in their accounts. Okay, then we can let the market fall apart slowly.
**Troy Millings** (4:09)
We're going to need that capital for OpenAI. We're going to need the capital for Anthropiq. We still got some big earnings. Obviously, we talked about NVIDIA, but Broadcom is coming up at the top of September. Mike Crown will come back around mid-September.
So these companies...
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