The volatility index has been running high during the month of September. On July 24'th, 2002, the VIX hit a high of around 56-57. It would appear it is again on the rise. Doesn't VIX normally max out when a reversal of trend is in the future? Also, the last time VIX was this high, it was September 21, 2001 (right after the terrorist attacks). It would appear the market is about to climax shortly.