Thursday, March 12, 2009

VIX on Target for Lowest Close Since January 28

The VIX closed at 39.66 on January 28 and has been nowhere near that level since the first week of the year.

As the fear bubble continues to deflate, the VIX is down to 40.83 and headed for the lowest close in six weeks, continuing some of the themes discussed in More Volatility + Less Fear = Lower VIX?

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