True Zeev, VIX and VXN are making new lows but relative strength on both of them is in a steady upward slope since the end of April. There is a major positive divergence in the works on these and if anything I'd consider going gang ho long volatility. I can't understand how one could consider going long stocks in a major way after that move since March. Then again, I'm just a beginner in TA?! -GGG-