Market Movers

GREEK BOND HOLDERS 

Thanks Greek bond holders for not pulling the plug, and crapping out the world's economy today  !!!!

US Dollar Index ................ 79.15  -0.54  Market was up, runs inverse to the dollar.

Oil ................... 106.79

Russell 1000  Large Cap   756.34  +7.53

Russell 2000  Small  Cap   806.34  +10.39


Russell 3000  Whole Market   809.91  +8.25


New Highs     NYSE   121   NASD   80   AMEX   5
New Lows                      8                 22                 1




VIX     17.95   -1.12

So what is the vix and why is it important ? The vix is the volatility index of the S&P 500.  Volatility measures how much fear is in the market. Fear and Greed are the two principal emotions that move the market. The vix goes up when  there are more sellers than buyers in the market, sellers are fearful of loss. The vix goes down when there are more buyers than sellers in the market, buyers are hopeful of gain. Their hearts are filled with greed for filthy lucre. Traditionally when the vix hits 20 and lower, that indicates a market top, and its time to think about taking profits.