What do you think is driving the markets now?
![](http://asymmetryobservations.files.wordpress.com/2013/11/fear.gif)
VS.
![GREED](http://asymmetryobservations.files.wordpress.com/2013/11/greed.gif?w=550)
An indicator of Fear is the VIX Index (Implied volatility and/or the amount of “insurance premium” implied by the price of options), which is near its all time lows, as in the chart below (implying investors are complacent or less fearful):
![VIX Index-The Fear Gauge](https://5kca74.a2cdn1.secureserver.net/wp-content/uploads/2013/11/VIX-Index-The-Fear-Gauge-300x168.jpg)