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October 21, 2009 The VIX Is Close to Going Below 20

The VIX has been as low as 20.10 today. We haven't been below 20 since August 29, 2008.

The VIX isn't strongly correlated to market returns. The only exception is that a very low VIX -- lower than 13 -- seems to be good for stocks.

Posted by edelfenbein at October 21, 2009 11:43 AM

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