Is this market levitating on rampant negativity without further sellers around or is it being massaged by, you know --- "them?"
Well we didn't get much of a rout. In fact Vix has done a rollercoaster to a multi-year high in May/June 06' back to the bees buzzing and birds-chirping nothing but blue skies ahead. Is there any coincidence that oil is dropping, gold is dropping, bonds are on a roll, interest rates have stopped rising and equities have again lost there volatility? Where's my friend vol. Hope he stops by soon.