Volatility is Screaming
September 23, 2008 2:44 pm by Dean Morel
Can you hear it?
Two charts to start, ANZ one and five year charts.
the one year chart still captures the high. I thought it would be good to keep a snapshot of that.
four steps forward one giant leap back.
and now the VIX, hitting peaks not seen in…gosh how many years is it? 5 or 6?
a few days back VIX and More commented that “we have a new line in the sand right now, a VIX of 42.16 (and SPX of 1133).”
as VIX said we have extreme fear when the VIX continues spiking to new highs as the markets are not making new lows.
today it’s 33.85 to 1207, time to look at options.
More on this topic
(What's this?)
How to Profit From Volatility Through One Simple Investment
(Investment U, 1/19/10)
CHART OF THE DAY: A SURE BET
(THE PRAGMATIC CAPITALIST, 3/2/10)
Art Cashin Warns on the VIX
(Wealth Daily, 1/13/10)
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Thanks for the mention, Dean.
FWIW, your country has been on my “next big vacation” list for far too many years. I need to do something about it soon…
Cheers and good trading,
-Bill
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