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bigworld

12/14/11 3:07 PM

#5849 RE: Market_Fest4 #5848

MF4: The key point the VIX is telling us is that the level of fear is diminishing with each subsequent pull back. This will become a key component to the big flush out that's coming next year and into 2013. Investors are getting comfortable with 10-15% pullbacks now because they are getting brain washed into thinking that the markets will always rebound. When the big flush rolls around the market is likely going to drop over 20% initially and then another 10-15% out of panic late selling. Then we'll rally to foil the late sellers.
On a different subject...have you observe the Gold market today? What a roller coaster ride.