A month ago I was not checking the VIX daily. The Volatility Index hit a new high of 59.06 during Wednesdays sixth straight fall for US markets.
For the Dow and the S&P 500, Wednesday capped their biggest six-day point loss ever. It was a session of wild swings, with no clear direction determined until the final minutes…
In the last hour of trading, U.S. Treasury Secretary Henry Paulson warned that the turmoil “will not end quickly.”
In possibly unrelated news. Last night I decided to re-read The Book of Investing Wisdom, …

I believe Monday October 6 at 2.45pm (US market time) could mark a significant market bottom. Whether it is the market bottom remains to be seen, but certainly a tradable bottom was more than likely put in.
As I have mentioned before the signal I have been waiting for is a watershed of fear. The volatility index (VIX) spiked to an all time high yesterday, hitting 58.24.

Fusion Investing Portfolio
Consequently the Fusion Fund is investing heavily. The fund currently has 69% cash, $681k. The fund bought the following:

NASDAQ Index via …

Can you hear it?
Two charts to start, ANZ one and five year charts.

the one year chart still captures the high. I thought it would be good to keep a snapshot of that.
four steps forward one giant leap back.
and now the VIX, hitting peaks not seen in…gosh how many years is it? 5 or 6?

a few days back VIX and More commented that “we have a new line in the sand right now, a VIX of 42.16 (and SPX of 1133).”
as VIX said we have extreme fear when the VIX continues …