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da_cheif

01/04/13 3:44 PM

#29578 RE: POG #29576

Vix is a product of the markets action....not the other way around.....the vix is going to 8 or lower....its been there before. regards
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POG

01/04/13 3:47 PM

#29579 RE: POG #29576

Vix worst weekly drop in 40 years

"The S&P 500 and the Nasdaq also climbed. The CBOE Volatility Index (VIX), widely considered the best gauge of fear in the market, fell below 14. The index is on track for its worst weekly loss in at least 26 years, plummeting nearly 40 percent. "

So let me try to understand, what happened at new years eve was so bullish that investors thought that it is the best time to buy stocks in 40 years.