but look back at march

    SPX

    Posted by rkelman on 10th of Jun 2011 at 04:24 pm

    but look back at march when we came down and the vix was much higher the vix is not moving   why??

    Lots of complacency so far.

    Posted by cw12 on 10th of Jun 2011 at 04:50 pm

    Lots of complacency so far. There's no fear. Last March, we had a spike up in the vix and drove up premiums. The crowd was running over each other buying protection. There was fear, and that day marked the bottom.

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