Zeev's Turnips Patch-No Politics (ZEEV)

[opnion]

Justa, consider this on the $vxn. We have become too complacent comparing the $vix/$vxn as well as market volume to the levels of the bubble rise and the time period afterwards. If we are to correct excesses from the market we also would most likely have indicators revert somewhat to previous levls not seen in 5 to 7 years. As far as the volume goes, we have eliminated most of the ipo volume of the nose bleed days. So I suggest to you that what we are seeing right now is the vix/vxn approaching normal levels and we need to adjust our thought process or risk being neutered. lol