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Strategies & Market Trends : Classic TA Workplace -- Ignore unavailable to you. Want to Upgrade?

To: AllansAlias who wrote (29693)	1/30/2002 12:33:56 PM
From: Shortcut	Respond to of 209892

Don't you think people adjust to a price range over time? People's conception of what is "low" adapts. High VIX - more fear, not necessarily related to the absolute price level. But in another way it might be quite pointless to compare VIX of today to November. Everyone was still in a state of panic after 11th Sep. War and fear on the news everyday - compare to now! Do you agree though that the increase in VIX has been very, very rapid compared to its historic counterparts? I was trying to find a similar 2-day spike (just visually), but it was difficult. How do we interpret that? And the funny thing is that I personally find it difficult to find any specific news item or possible new angle that might have caused this. A worry that wasn't there before. Enron?