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Posted on July 04, 2008

So I got this comment earlier.The 3rd blog in 2 days calling for a spike above 30 in VIX. This is very telling. Kind of reminds me of Benard Baruch stating that when the shoeshine kid gave him some stock tips, it was time to get out of the market. Well, that same shoeshine kid now waiting for VIX to spike, the best bet is to go the other way; certainly the risk/reward ratio is in your favor (and if you focus only on the top growth-oriented, internationally-based stocks).OK, where to begin.First of all, I never called for a VIX spike above 30 in this, or any post. To the extent I made a pred...

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