Amazon.com, Inc. (AMZN) 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.

Technology Stocks : Amazon.com, Inc. (AMZN)

AMZN 233.22

+1.8%

Nov 28 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Rob S. who wrote (9985)	7/10/1998 7:04:00 PM
From: umbro	Read Replies (2) of 164684

off-topic: VIX is low .... VIX (^VIX on Yahoo!) is dropping lower each day - this is the implied volatility of OEX options. Generally, this shows complacency, and often predicts either a continued rally in blue chips, or a sideways consolidation phase without much volatility. One theory on how it gets lower, is that first the underlying index is not too volatile, and second that institutions with big blue chip portfolios are selling OEX calls against their positions, creating s synthetic covered call. The supply of calls pushes the implied vols. down. At some point, VIX bottoms, and then you can take the contrarian position that the top has been put in. So, basically VIX is bullish ... and so's the A/D line and so are net new highs and interest rates and inflation. That's the back drop. If you're holding the 'net stock short, don't go to sleep at the wheel, they could reverse to the upside on a strong broad market rally.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next