“Fear Index” on the Rise

The VIX (A.K.A. “The Fear Index”) is a measure of stock market volatility. It rises and falls with investor confidence in the markets.

The historic low (market complacency) is 9.31 on Dec 22, 1993, the high (markets most nervous) is 45.74 Oct 8, 1998. The last time it closed below 10 was Jan 24, 2007 (9.89).

It hit 42 last Thursday afternoon, then dropped when “The Bailout” was announced. Since Monday it’s been slowly rising again.

When do you think it’ll break 46 for a new all-time high? See the latest VIX.

◊◊◊◊ Now: Gold @ $883.40, Silver @ $13.29, USDX @ 76.86 ◊◊◊◊
◊◊◊◊ Now: DJIA 10,825.17


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