The VIX is back down in lala land. It's not a good short term market timing tool, but I can tell you that if we get closer to 10, (my bands say 10.50), many funds will take notice. The complacency surrounding this rally is leaving no room for error. One big tech warning and the rush to exits could be interesting. So far, so good.
This entry was posted
on Thursday, October 12, 2006 at 7:08 PM.
