The VIX and VXN are in theclouds, which means fear is in control. The market doesn't top out when VIX is high. It tops out when nobody is scared. The market will start climbing a wall of worry very soon. The sub-prime problem is well on its way to being fixed. The people in-the-know got out 6 months ago and the politicos are letting them come in and "fix" the problem (that they created). If it seems obvious...its obviously wrong.