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That is because the sight of a major landmark collapsing and killing 3,000 people was easy to get one's mind around but the threat we have, (at least for the moment), avoided, was beyond the understanding of all but the most sophisticated investors. I too, felt fear last week but it wasn't fear of losing money, it was fear of losing my country. In fact, I made more money Friday than I have ever made in a single day before. I hope all of you were well positioned Thursday and Friday.
Bob
On Sat, Sep 20, 2008 at 3:04 PM, Mark Simms <marksimms@xxxxxxxxxxx> wrote:
yes, but the moving average of VIX is still 10-15 points from the 2001 highs.
The Fear Index reached a level not seen since the 9/11 attacks
Wally
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