SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Rande Is . . . HOME

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Rande Is who started this subject6/22/2001 10:33:25 AM
From: J. C. Dithers  Read Replies (2) of 57584
 
Does the VIX any longer have meaning?

Vix is low right now, a supposed indicator of investor complacency ... thereby a contrarian indicator of a likely impending fall in the market. What if the true state of investor psychology is not "complacency," but instead is boredom, apathy, and indifference? I say this because I think SI itself is a good mirror of what is going on in investors' minds. As I write, the market has been open an hour and there are no posts on this thread. There are few if any posts on the other prominent trader threads I follow. And this is not just today, it has been all week, and before that. I don't see "complacency," or "panic" or any other shared emotion. Just "blahhhhhh."

Everything involved in on-line trading (which itself is only a few years old) has changed dramatically and suddenly in the grand scheme of things. It has gone from everyone we know trading furiously every day to no one trading or really caring what happens to the $%#@ing stock market.

So, I'm just asking. Does a measure like the VIX (or probably a whole bunch of other technical indicators) mean diddly-squat in this new world (or era) we find ourselves in?

JC, just thinking here.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext