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S&P 500 Fifty Day Historical Volatility May Have Just Peaked

Bill,

You might be on to something. I think we've run out of companies that could fail to push the VIX to new highs. This news is comforting. Buyers should slowly trickle in as the VIX returns to normal levels. Once the VIX is down to the 20s, where do you see the S&P? I would have to estimate 1100 as a ballpark. Great, quantitative article.

Closer Look At The ARMs Reset Problem

This is a very thorough article. I enjoyed it, but I believe that the 2011 problem may be overstated. I believe home equity should be built up by this point (home values may be near all time highs 3 years from now). This would only require a market stabilizing and perhaps increases in value 2-4% from 2009-2011.

Even if home prices remain at their current levels, the Fed understands the problem so well, that they will jump in again and be more accurate with their actions.