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.

Strategies & Market Trends : Zeev's Turnips - No Politics -- Ignore unavailable to you. Want to Upgrade?

To: shoreco who wrote (36253)	3/2/2002 9:01:08 PM
From: Psycho-Social	Respond to of 99280

Re the VIX: As such, it measures fear and optimism That statement doesn't follow logically from the preceding one that 8 puts and calls form the basis of the VIX. It seems that it measures expected volatility, i.e. degree of fluctuation, although I would grant you that it's generally been high at Market lows and low at Market highs. If only puts, or only calls were used, that would make it a pure sentiment indicator. During the mid-90s, it fluctuated between much lower lows and much lower highs because Market participants expected a continuation of relatively low S&P fluctuation.