OK, all you pros have known about the VIX for years but for me today it's hot stuff --seems like when the VIX was around 12 was when I did the best and every time it hung up at say, 15 then everything tanks.
I plan to follow it everyday everyday for a while --it's down somewhat this morning to 16.23. History of the VIX here, and daily data here.
To: expat_panama
vix extremes can point to turning points. taken with other observations.
2 posted on
05/19/2006 7:22:09 AM PDT by
the invisib1e hand
(It takes courage to live. Hence, the "culture of death...")
To: Toddsterpatriot; SAJ; Mase; 1rudeboy; pjsbro; JasonC
vix extremes can point to turning points. taken with other observations.Apparently it can. The tool's been around since '93 but this is the first I'd heard about it.
Never to old to learn I guess...
3 posted on
05/19/2006 7:29:28 AM PDT by
expat_panama
(There are 10 kinds of freepers; them that manage numbers with a computer, and them that don't.)
To: expat_panama
The Federal Reserve is in destruction mode. It's best to stay outside while the bull is in the china shop.
5 posted on
05/19/2006 7:31:01 AM PDT by
Moonman62
(The issue of whether cheap labor makes America great should have been settled by the Civil War.)
To: expat_panama
Don't use the VIX by itself. It can be helpful when taken with other factors.
6 posted on
05/19/2006 7:36:13 AM PDT by
groanup
(Shred For Ian)
To: expat_panama
The VIX in the very low teens is an all-time low: ridiculous, unnatural, absolutely no-fear whatsoever.
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