With the main indexes recovering as we close the vix did sink a bit but closed at 14.70
That means the VIX has now had 7 days of rallying, and when I had a look, this has not happened since about 2003. So something is up with the market, and we are overdue for a bit of selling up here.
It seems the news and media keep pounding on the table about TAPERING, but in my world, I never get caught up in news, because most of it is BS anyway. So lets forget about that mythical tale for now and see if the vix which is looking tired starts to rollover soon.
|vix chart update|
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