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Strategies & Market Trends : Galapagos Islands

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To: Jorj X Mckie who wrote (56455)10/24/2008 1:46:17 PM
From: tuck  Read Replies (1) of 57110
 
>>the VIX is a percentage...it can't go any higher than 100...LOL<<

The first part is right, the second wrong, so stop laughing. It's an implied volatility measure, and can definitely go over 100. It has been calculated that during '87's Black Monday, it hit 172.

See: vixandmore.blogspot.com

and

vixandmore.blogspot.com

Cheers, Your Old Biofreak Acquaintance, Tuck
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