Some contrarian-minded advisers have gotten what they've been hoping for -- a new all-time high in the VIX -- and are now ready to issue a buy signal.
The VIX, of course, is the CBOE's Volatility Index Last: 70.98 +7.06 +11.05% ,which many believe to be an investor fear gauge. Contrarians therefore are prone to consider any spike upwards in the VIX as a positive sign.
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