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On the Pointlessness of Following the VIX


Published:Mon, 20 Jun 2011 10:41:25 -0700 
The VIX is down nearly 4% today, to roughly 21, retreating quickly from its three-month intraday high last week of nearly 25. Does this mean we should expect more gains in the stock market? Probably not, according to S&P chief equity strategist Sam Stovall....

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