vix suggests some complacency

Discussion in 'Trading' started by blackjack007, Jan 12, 2008.

  1. spx is down 6.7% since december 26 but vix is up a mere 20% in that time. one would expect a much greater increase. for instance, last summer when spx fell 9.8% over 3 weeks, the vix doubled.

    the current level of 23 hardly suggests great fear. to the contrary, it suggests some complacency. are investors not concerned about further declines in the equity markets?