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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Return to Sender who wrote (40203)9/16/2008 11:46:15 AM
From: VIXandMore3 Recommendations  Read Replies (2) | Respond to of 95881
 
Some interesting charts and commentary here.

Regarding the absolute levels of the VXN in 2002 and at present, I am not sure this is particularly significant. For what it is worth, I tend to focus more on the relative levels of the volatility indices. A number of changes in the markets have made the VIX and VXN difficult to compare over longer periods of time, including the rapid rise of inverse and double inverse ETFs (many of which have their own options), so that that hedging and speculative components of options transactions feeding into the VIX and VXN calculations has probably been significantly reduced. This all adds up to generally lower levels of volatility as measured by the VIX, VXN, etc.

P.S. It's been more than four years since I've been on SI -- and I'm glad to see that high level of posting continues.