Volatility measure still suggesting record complacency while Indices are very extended (such as French and German stock markets). Garry Glover believes markets are at a critical point - "extended, vertical, expensive" and advises extreme caution. VIX says complacency now at extremes June 11, 2014
I'm rather complacent, but sometimes dark shadows cross my mind. I've never owned volatility, but my finger is always on the Sell button.
