High Tolerance Plasticity Message Board

STOCKTALK

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.

Politics : High Tolerance Plasticity

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: jim_p who wrote (15035)	7/14/2002 11:10:41 AM
From: que seria	Read Replies (2) of 23153

Re: the VIX and Naz volatility conversation: Here is a chart from the best chartist I've seen on the internet, LG, found on the thread of the best trader I've seen, Zeev Hed: investorshub.com The chart is listed as VXN, and LG is a stickler for accuracy. I'm not sure why the dots instead of line preceding 2001--perhaps interpolation from VIX or his own data if VXN wasn't created then? As I see it there remains plenty of room for volatility to rise and prices to fall, absent an earnings recovery that I don't expect to arrive with 2Q02 or 3Q02 numbers. My own bet (puts, plus shorts I trade in/out of) is that the S&P and Dow have more downside from here than the Naz, and near-term the indices have got a best a small bounce in them despite a 40 VIX. I long since stopped holding much for long, other than shorts and gold stocks. Sold most of my ST tech long plays before the close Friday. Seems most here just play for bounces as well in this environment, so it's the shorter term VIX/VXN we mostly watch. The LG chart is just a good LT reminder about what volatility can mean.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next