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To: John Madarasz who wrote (76505)6/23/2003 2:51:39 PM
From: pointsman  Respond to of 209892
 
The VXN is sometimes a faulty indicator, given that it reflects the options on the NDX-not a terribly liquid contract compared to the options on the QQQ. I suggest you look as well at the QQV, which reflects the volatility on the QQQ options.