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Tuesday, February 4, 2014

VIX Index - Only at levels of indifference.

VIX

Despite the latest decline in the Equity indices the VIX Index shows that most only has reached a state of indifference. We are likely close to a minor low of the first decline in DJI and that could bring the VIX back lower towards complacency, but I still think most investors are in for a big surprise and this minor rally will turn out to be a correction only and more downside pressure will be seen after this correction.

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