Mugwump Day Feb 29, 2012

Today, Feb 29, Leap Day, is also "Mugwump Day." In case you don't know, a mugwump is a little creature that sits on a fence with his mug on one side, his wump on the other side, and he doesn't know which way to go. 

See the similarity of the mugwump with today's %VXX in the chart below, the green, nearly-horizontal line — almost unchanged from yesterday on Mugwump Day — it just didn't know which way to go :)


Mugwump Day Feb 29, 2012
Click to enlarge

 Green  - Today, Mugwump day Feb 29, 2012
 Red    - Previous days
 Blue   - 2011 Trend Line