I don't think so because of all the money thrown around by the fed.. The latest ploy is to refinance all hoping they will take more than thier mortages to further the economy... !6000 well before 14000..hank
I know I have been wrong so far, but the vix and the market to me are going hand and hand. I expect a blowoff bottom for the vix to form say 10's? 9's? Probably no lower then the 9's. I would expect that blowoff bottom happens no later then next week on the VIX? It may even happen in the coming days? All is just my opinion, and I could always be wrong though.