and was as high as $15 today. No one talks much about the VIX until they see big moves and PPS over $20.
Well, given Mr/ Market's sedated action today,but 1% or better drop in metals,2.6% drop in miners, the 1% move in the VIX "MAY"be more meaningful than it appears.
Let's see what tomorrow brings, but it may be percolationg a a story while your tea steeps away.........
Sentiment: Yep, now that I'm in cash I do have more than enough reasons to sound bearish.