VIX bull run

The VIX fear index has traded down
from its opening level in 18 out of the past 20 sessions.

As far as I can tell, this short term pattern of extreme optimism has never occurred before.

Any comments?
 
consumer confidence #'s rose most month to month since 2005...seems like people are now TOO optimistic. And when too many people are one thing it usually means their.....wrong :)
 
Quote from reno4nook:



As far as I can tell, this short term pattern of extreme optimism has never occurred before.

Any comments?

1 part optimism, 1 part exploitation-of-a-reliable-recurrence-by-savvy-traders
 
Quote from R. Raskolnikov:

consumer confidence #'s rose most month to month since 2005...seems like people are now TOO optimistic. And when too many people are one thing it usually means their.....wrong :)

I've become thoroughly convinced that the consumers that they poll are the dumbest fucking animals in America. Good day to you, sir.
 
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