With stock prices at record lows and with what appears to be a buying opportunity of a lifetime for investors, the question remains why haven’t we seen any buyers? The answer may lie within the VIX. Despite this buying opportunity fear has not only taken over but it has also obstructed the buyers from entering. You can read my quote in last week’s LA. Times touching on this point. http://www.latimes.com/business/investing/la-fi-markets30-2008oct30,0,3295392.story
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