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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: Real Man who wrote (5418)3/24/2008 8:56:52 AM
From: dubad  Read Replies (2) | Respond to of 71455
 
A breakout above
30 will indicate a MELT of SPX
?

This has been my sense or it too, and yet:

"The VIX is quoted in terms of percentage points and translates, roughly, to the expected movement in the S&P 500 index over the next 30-day period, on an annualized basis. For example, if the VIX is at 15, this represents an expected annual change of 15%; thus one can infer that the index option markets expect the S&P 500 to move up or down over the next 30-day period." From: en.wikipedia.org