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Strategies & Market Trends : Trend Setters and Range Riders -- Ignore unavailable to you. Want to Upgrade?


To: ajtj99 who wrote (21381)7/29/2002 2:22:47 PM
From: Susan G  Read Replies (2) | Respond to of 26752
 
I think now that cnbc is talking about the VIX all day, and other media lately, it's no longer a useful indicator <g>



To: ajtj99 who wrote (21381)7/29/2002 9:03:01 PM
From: Dave Gore  Respond to of 26752
 
Aj, and I was saying that a Prof. of Economics was saying the fact that the VIX/VXN dropped so dramatically from high levels in a single day or two was a positive and sign of confidence.

With a positive and very non-volatile day like today, a big drop is expected.