I was really concerned earlier this week - the market was up and the VIX was dropping, just terribly unlike what I had come to expect. Profitable companies were actually seeing their share prices increase! What was the world coming to?
Thankfully, we are seeing a return to normalcy today - losses throughout the day followed by a steep selloff in the last 30 minutes. That's more like the white-knuckle rollercoaster ride that I find comforting. VIX also spiked 15%. Finally, we are getting things back to the way they are usually are.
I will be sleeping well tonight, confident in the belief that down is the new up.
Thankfully, we are seeing a return to normalcy today - losses throughout the day followed by a steep selloff in the last 30 minutes. That's more like the white-knuckle rollercoaster ride that I find comforting. VIX also spiked 15%. Finally, we are getting things back to the way they are usually are.
I will be sleeping well tonight, confident in the belief that down is the new up.