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Friday, March 4, 2011

SPX:VIX Ratio Falls Under 68

SPX:VIX went sub 68 again today at 12:03 PM EST at SPX 1320, so the extensive broad market selling is not surprising as per the chart below.  Bearishness would continue as long as the SPX:VIX ratio stays under 68 today.  Ratio is currently printing 66.60 at lunchtime.

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