Silicon Investor (SI) -- The First Internet Community

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.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: NucTrader who wrote (140948)	12/30/2001 7:08:47 PM
From: Les H	Respond to of 436258

yes, when that happened, the OEX traded in a narrow range from 185 to 195 for a year in order for the VIX to fall from the 20s to 10. During that time, the Nasdaq had a 15-20 percent selloff before recovering. You know, the VIX rose from 15 to 20 when the OEX rallied strongly in December of 91 as a result of three Fed rate cuts in four weeks. Its value is mostly derivative from the actual volatility of the underlying.