Volatility Index VIX Sets New Record Of 50.75
By Bill Luby on October 6, 2008 | More Posts By Bill Luby | Author's Website
Given market conditions, the levels of the VIX (^VIX) continue to suggest an orderly selloff, with the VIX still being held back by a strong gravitational pull.
If the DJIA (^DJI) fails to hold the psychologically important 10,000 level, we might see more in the way of anxiety.
Genuine panic should put 55 and perhaps 60 in play very quickly.
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