Friday, June 26, 2009

VIX Makes A New Short-Term Low

Yesterday's equity market rally sent the VIX volatility index to a new short-term low of 26.36. While the VIX made a new low, the S&P 500 still has a ways to go before taking out its recent highs. Hopefully the VIX is a leading indicator that the rally is set to continue.

Vixspx625

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Lunch is for wimps

Lunch is for wimps
It's not a question of enough, pal. It's a zero sum game, somebody wins, somebody loses. Money itself isn't lost or made, it's simply transferred from one perception to another.