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finance.yahoo.com

The patient is still not well.

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The fear index charted above (and more properly known as the VIX or Volatility Index) has been at historic heights for over a month now.

The index looks at what the market thinks will happen to the stock market over the next 30 days.

Listen (above) to Bob Whaley who invented the thing, explain what it all means. Fear? Uncertainty? Certain Doom?

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