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Strategies & Market Trends : AL is Not a Human Being
QQQ 611.67-1.9%Nov 6 4:00 PM EST

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To: Steve Lee who wrote (567)9/16/2002 6:51:03 PM
From: lifeisgood  Read Replies (1) of 793
 
We have a healthy dose of fear shown by:
1) High $VXN


What am I missing about this assertion?

VXN was almost 25% higher in early August and is presently on the lower end of it's 3-month range. That is hardly indicative of fear IMO. Similarly, QQV was some 20% higher as well in early August again suggesting that there is instead, very little fear currently.

best...

LIG
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