Monday Morning Thoughts 8/13/2007

I heard so much noise about the VIX and how high it has gotten. Give me a break. In the mid-90's it got down to the range of 10-15 for a while but spent most of the late 90's thru 2002 in a range of 20 to 30. That is where we are right now and we had some really good trading markets back then. We were there in the late 80's and early 90's too.