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FYI: The S&P 500 closed at new all-time highs last Friday, but as shown below, the VIX Volatility index remains in the mid-teens instead of the low-teen levels it was at when the S&P was making new highs last year. There's definitely some room on the downside for the VIX to get to before "complacency" worries start to show up again. Regards, Ted http://www.bespokeinvest.com/thinkbig/2015/2/17/new-highs-with-the-vix-at-15.html?printerFriendly=true
