The Market Crash of 2008 continues. I watched the carnage unfold on my market model in real time and I’ve never seen this level of panic before. Scary. The VIX touched 58 yesterday, a new all time high. It probably would’ve touched 60 if we went any lower than the lows yesterday.
Everyone at work is scared about their 401k’s and pulling money out. What did I do? I upped my % contribution yesterday.
Tom,
So you think it’s bottoming?
Max
I think we are getting close, definitely a test of the 2003 lows coming.