This post appeared earlier today on RealMoney . Click here for a free trial, and enjoy incisive commentary all day, every day.Perhaps we will look back at this era and say, "We used to think the VIX was so important, but it ceased to matter. The volatility index was a precursor to a sell, not a buy." My prized oscillator has stayed negative well beyond what I thought possible. Bull and bear has shown a plethora of bears forever. Didn't matter.
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