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1st. Is that what the date was . The fear gauge hitting the lowest level in more than two decades. The volatility index closing yesterday at 9. 77, the lowest level since december of 1993. I cant imagine thats not a place where you would buy. Though normal stocks that hit new lows what do they do . Hit more new lows. Stocks that hit new highs, hit more new highs. It can only go 9 more lower. Yeah. This only happened five times ever. Having always thought in a contrarian way that complacency and when people get participants get bullish, you worry. Call ratios, you worry. Percentage of investment services. If its that complacent i admit, okay, its not going to be le pen, but the world at this point, theres nothing that were not thinking about that could happen that could throw us for a little bit . It scares me. The flip side is if premiums are so low, you can buy insurance and remain long or replace your stock with calls. There are different ways to use this to your advantage to remain ....
Also, on twitter, we are using at cspanwj. Ouracebook, we posted question already. You can also email us. We can get to your phone calls in just a moment. The news report yesterday, the jobs numbers from the labor department, the first friday of every month am a we are halfway through the year and the numbers are staying the same in terms of the unemployment figure. But the number of jobs made are taking up. News reporting throughout the country and on various websites and newspapers around the country. The headlines so the latest reading of an Economic Indicator was a positive surprise. So over the last three months, we are averaging about 200,000 jobs created per month, a revision from the labor department. As we mentioned, we posted a question this morning on facebook and we will get to that in a moment dream here is the headlines for saturday. Wall street journal they have a couple of stories, one looking at what the fed r ....