Volatility Chills

The Volatility Index (VIX), which is also known as the “fear index,” dipped below 30 today for the first time in eight months. Personally, I’m glad I’m not in my 20s anymore.

At one point, the VIX nearly hit an intra-day high of 90. A lower VIX isn’t necessarily good for the bulls or bears, but it does show that the market is very different from a few months ago.

Posted by Eddy Elfenbein on May 19th, 2009 at 12:10 pm

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