Thursday, August 04, 2011



Aren't you glad that you waited for the VIX to turn around and start a decline before buying stocks!?! Continue to sit this out until the VIX starts a downward trend.

The intra-day VIX exceeded 31.5 for its largest one-day jump in two years. The S&P, on the other hand, suffered its worst decline since the bottom of this cycle in March of '09.

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