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Pragmatic Capitalism

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A Day in the Life of the VIX

By Surly Trader

Light volume, boring trading, reaching for all time highs on the S&P 500 and the VIX tumbles into the close:

Where does this drop put us in history?  Oh, just back to February 2007:

The option players don’t buy the euphoria though as the Credit Suisse Fear Barometer (CSFB) Index indicates:

Which side of the fence are you on?

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