A trend appears to be emerging.*
The chart is the Barclays iPath S&P 500 VIX Short Term Futures Exchange Traded Note.
It traded at an all time low yesterday and looks to do the same today.
*That was the comment of one of the sharper analysts I've ever met (two 100-baggers and a bunch of 10-fold moves) when I showed him a 25-year chart of Philip Morris.
During the period in question the stock moved from a split-adjusted dime to $26.00.
