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Someone I highly respect shared this information:
"Today the VIX closed at 18.85. This is a low for the year and is very
near the 16.73 level reached 7/20/98 and the 16.25 reach on 7/17/87.
By contrast the major lows in the market have been accompanied by
readings of 60.63 on 10/08/98 , 51.94 on 9/11/98 , and 172.79 on
10/20/87."
Interesting to me and hopefully to you.
John
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