Insana: Tune Out the Forecasters. Here's How Investors Should Approach This Bear Market

and — at least theoretically — keep them elevated throughout 2023. This isn't fertile ground for a new bull market.The VIX, or so-called"fear gauge," a volatility measure of the markets has not seen the panic levels normally associated with a capitulation bottom.

I have yet to hear a good explanation as to why the equity market VIX is depressed relative to the realized volatility in the stock market.Noted technical analyst John Bollinger schooled me long ago on the bottoming process.

I made 5% on sqqq pro short on one day. And my timing was horrible.

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