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The VIX has decreased quite a bit since Friday, Jon. What does that tell you
about the curent market conditions lately?
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Thank you Jon, you've been a great guest today and very insightful. Come back
again!
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Yes, it's dropped nicely; was above 50 early Friday. Tells me that there's more
confidence in the markets, at least in the short-term. As we all know, having
lived through '08, that can change on a dime. I'm a bit more optimistic than
many that the markets may have bottomed in November, but not convinced VIX will
immediately head below 30.
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