VIX ... more room to run ?
Started by
ogm
, Jan 08 2008 10:30 PM
3 replies to this topic
#1
ogm
-
- Traders-Talk User
- 13,780 posts
Member
Posted 08 January 2008 - 10:30 PM
Are we going to see a REAL spike of fear ?
#2
tommyt
-
- Traders-Talk User
- 5,136 posts
Member
Posted 08 January 2008 - 10:47 PM
more than likely...the vix is really not spiking at all so far.
#3
TMN
-
- Traders-Talk User
- 1,174 posts
Member
Posted 09 January 2008 - 03:51 AM
the vix has a few more points to go on this instance
#4
skyymaster
-
- Traders-Talk User
- 1,443 posts
Member
Posted 09 January 2008 - 06:19 AM
IMHO, it will be best for the bulls for this thing to go down swiftly and hard. I mean down to like under 1300. That will get VIX to where we can finally start seeing some "real" end of the world fear. However, if continues to go down to 1300 in the fashion it has been going (kicking and panting) it is going to take some time for fear to be instilled. What gets me is "everyone" is calling it a "bottom" like they been calling it top when the market was going up and up. I just get this sense that we are going lot lower than 1350. So, far sentiment is saying we are IMHO. 
Anyway, closed my January calls that I bought on Monday and looking for short entry. Personally, I hope there is a "hopeful" rate cut so I can short the heck out of this again.
Anyway, closed my January calls that I bought on Monday and looking for short entry. Personally, I hope there is a "hopeful" rate cut so I can short the heck out of this again.
Edited by skyymaster, 09 January 2008 - 06:22 AM.
People should not be afraid of their governments. Governments should be afraid of their people.
Remember this day, men, for it will be yours for all time.
Remember this day, men, for it will be yours for all time.
