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Strategies & Market Trends : John Pitera's Market Laboratory

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To: isopatch who wrote (17881)3/11/2016 11:19:30 AM
From: The Ox1 Recommendation

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John Pitera

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I would be a little cautious of reading too much into the VIX and backdating comparisons.

It's really a short term indicator. I think its wise to view in the longer term for perspective and to see how it's moving today vs. 6 months ago or a year ago and yet, I would strongly question trying to read a lot into a 5 year average.

With the rise of all the leveraged ETFs/ETNs and various other avenues used to "gamble" on the stock market, I can't help but think these have dramatically changed the way one should look at VIX over a 5 year period, let alone the previous 5 year period.

It's very interesting food for thought. Ultimately, I can't help but take the point of this article and apply a heavy dose of skepticism to the author's conclusion....but hey, that's just me!!!!<g>
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