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To: Dale Baker who wrote (54923)8/15/2007 7:06:24 PM
From: SoberRead Replies (1) | Respond to of 118717
 
"...but not for now."

As far as timing buying opportunities, the VIX doesn't very often reach 30.. and judging from the look of the VIX chart it must be getting close to buying time.

Since 1990 it has only reached this level about 5 times, and every time the problems were thought to be more serious and different than at any other time... but then, somehow, the problems miraculously get solved.

My fear is that one of these times, it WILL be different. Hope it is not this time.

finance.yahoo.com

Sober