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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Lots of complacency so far.
SPX
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.