Monday, October 6, 2008

VIX Over 56; Expect Snap Back Soon

I suspect the current level of panic is nearing a climax
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3 comments:

  1. JekyllOctober 6, 2008 at 7:58 AM

    slait73

    Please explain why do you think that.

    thanks

    ReplyDelete
  2. Bill LubyOctober 6, 2008 at 8:01 AM

    Some volume-related capitulation indicators I was looking at suggested that panic trajectory was unsustainable.

    While this did turn out to be a bottom, it does not mean that it will not be tested later, nor that this bottom will hold.

    Notice also that the VIX is not falling as quickly as the market has been bouncing.

    ReplyDelete
  3. AnonymousOctober 6, 2008 at 4:37 PM

    Read about issues that affect you

    ReplyDelete