The VIX Closed at 12.59. That is absurdly low. This kind of level of complacency is so over the top. The 2000 Index has been up 9 straight days. Yes 9 trading days. This market is froth central. When will this change? Who knows at this point it has waaaaaaaaay overshot where and how long I thought it would go up. Time will tell, but I'm more bearish then ever and have 70% cash at the moment 15% short and about 15% long in my real portfolio. All is just my opinion, and I could always be wrong though.