Disappear Fear!

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Fear, as measured by the VIX volatility index, is less than half what it was just a month ago. LESS THAN HALF.

note the relationship with the moving averages

And what did it take to pull off this miracle? ONE call from ONE man.

The next big EVENT, of course, is going to be the China Deal. (You think it’s earnings? Take a look how much INTC’s wreck has bothered the market today).

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