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To: Lizzie Tudor who wrote (13919)9/19/2002 6:38:08 PM
From: fedhead  Read Replies (1) | Respond to of 57684
 
When everybody and their mother starts following the VIX,
put/call, ARMS index they stop working. Besides these have been the hooks that have kept people in the market instead of selling.

Anindo



To: Lizzie Tudor who wrote (13919)9/20/2002 12:41:18 PM
From: Bill Harmond  Respond to of 57684
 
There are so many hedging programs these days that I don't really follow the put/call ratio. The VIX and VIXN are better at pointing to extremes because they are the calculation of premiums.


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