Zeev's Turnips Patch-No Politics (ZEEV)

[ik]

Hi Zeev repeating my yesterday's post I guess somehow it dropped between the chairs, hope you have the time to respond.
It is intriguing to read the vix with the rest of the market.
The vix approaches 40 the top in october was slightly less than 50 and we got a very hefty bounce. How do you evaluate the vix readings today? the p/c on equity is almost .8 which is high, do you think that we'll have a mild bounce to correct those number and to recreate a positive bias again (so the market can keep on going down)?
TIA for your input
IK