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<p>[QUOTE=&quot;Brett_in_Sacto, post: 2357244, member: 71510&quot;]Interesting story on the VIX (Volatility index) showing it&#039;s been peaking in 2016.&nbsp; </p><p><br /></p><p>I don&#039;t know that it&#039;s an indication to sell - but definitely an indication that you should hold cash and wait for buying opportunities to come.</p><p><br /></p><p>If the DJIA goes above 17k again, I&#039;ll take some off the table.&nbsp; As it starts to fall below 16k, I&#039;ll look for buying opportunities.</p><p><br /></p><p>&lt;BEGIN STORY&gt;</p><p>A little-known event in the CBOE Volatility Index (^VIX) may be flashing a warning sign that the market will see a big downside move this year.</p><p><br /></p><p>To be sure, the VIX itself is a popular measure of expected volatility in the S&amp;P 500 (^GSPC). Options and futures contracts against it vigorously trade hands every day.</p><p><br /></p><p>And since the start of the year, the VIX has been elevated, something that happens when the market is worried. For most of 2016, it has been trading mostly above 20. That’s well above times of complacency, such as the period from mid-2012 to mid-2015, when the index was often found in a range between 11 and 20. The VIX’s counter-market tendencies lead some to call it the “Fear Index.”</p><p><br /></p><p><a href="http://finance.yahoo.com/news/indicator-has-a-big-warning-for-the-market-140916833.html#" target="_blank" class="externalLink ProxyLink" data-proxy-href="http://finance.yahoo.com/news/indicator-has-a-big-warning-for-the-market-140916833.html#" rel="nofollow">http://finance.yahoo.com/news/indicator-has-a-big-warning-for-the-market-140916833.html#</a>[/QUOTE]</p><p><br /></p>

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