As represented by the VIX etn, VXX. Bears are capitulating to the bull. Is that bullish for anyone but the most short term playahs?Look at this thing diverge from the 50 day moving average. It's all good, there's no risk and it is time to party... so says the volatility indicator. It is truly amazing in financial markets how there is such a fine line between pleasure and pain... doubt and confidence. In Bernanke we trust!
Rah rah rah...