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VOLATILITY  |  July 21, 2009
Don't Underestimate The Power Of The VIX
The recent runup in the stock market since the March lows still has the bulls giddy. But their bearish cohorts can make a pretty persuasive argument for a summer selloff in the stock market. Over the past couple of months, the S&P 500 has been busy chiseling out a top-reversal pattern while the VIX has been quietly waiting in the wings, positioning itself for a breakout.
by Ron Walker

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