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August 6, 2008, VIX Weakens

Dan Deming spoke on Bloomberg TV about the most recent rally in the market and how the VIX futures have softened. Looks like the pros were selling calls in the market place and taking some profit. We'll see if the market can keep making higher lows when it starts to sell off. 1250 in the SPX seems to be a critical hold point.

Listen to Dan Deming at
http://media.bloomberg.com/bb/avfile/Markets/Vol_Report/voRSqiuhdag0.mp3

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