Thursday, August 16, 2007

How Does the Recent VIX Spike Compare?

Frankly, it doesn’t:

2 comments:

  1. Just to be clear, with the exception of 1987 (not included in the chart), the recent VIX action is unprecedented in terms of the steepness of the climb over a short duration.

    Also, note that all significant VIX spikes have been good buying opportunities and as a rule, the steeper the spike, the better the buying opportunity.

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  2. I agree this will be alright buying opp...but I think the volatility has entered a new paradigm.

    And I dont want to be around when it goes higher.....

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