RtS, I wouldn't count on such a huge VIX spike. After all, even the shock of 911 didn't produce anything higher than 57. stockcharts.com[w,a]dhclyiay[d20000322,20020622][pb50!b200!d20,2!f][vc60][iUb14!Uk7!Ul14!Ud20!Lc20!Lp14,3,3!Lf!Lah12,26,9]&pref=G
a close-up stockcharts.com[w,a]dhclyiay[d20010907,20011015][pb50!b200!d20,2!f][vc60][iUb14!Uk7!Ul14!Ud20!Lc20!Lp14,3,3!Lf!Lah12,26,9]&pref=G
But the VIX high of 57 occurred on the 5th trading day after 911 - quite a delay and not what I would have expected.
This time we've had a more gradual decline. I'd expect VIX to peak at less than 57.
Gottfried |