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Technology Stocks : Qualcomm Incorporated (QCOM)
QCOM 168.09+1.8%Nov 28 9:30 AM EST

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To: marginmike who wrote (115501)3/13/2002 7:59:19 PM
From: limtex  Read Replies (4) of 152472
 
mm In answering the question as to whether the VIX can predict future returns, our conclusion is that the evidence is very poor," the Merrill report states.

The conclusion appears to be that the VIX has about the same record of predicting the future direction of the market as a piece of green cheese.

Best,

L
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