Friday, 8th May -- Cover Those Shorts, page-161

Yep, maybe. From a previous post...

I read an interesting article on the VIX, which suggested, after an analysis of bear markets since 1990 that (with two exceptions, being after 9-11 and around the bankruptcy of LTCB) the VIX almost always hits its high well before the bear market registers its final low. The average lead time of the VIX’s peak to the bear market low was 90 days, so as the VIX hit its latest peak on March 16, the projected low is June 14. We shall see. Have a nice day.