both big numbers, mainly cause we haven't seen this in awhile...in '87 crash vix was over 150. ETF's and a zillion options help make it thick now.
vix & trin
Started by
tommyt
, Feb 27 2007 04:04 PM
2 replies to this topic
#2
nimblebear
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- Traders-Talk User
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Welcome to the Dark Side !
Posted 27 February 2007 - 04:08 PM
ETF's might really impact this thing, just like they did to the upside. Someone recently said there was a ton of cash on the sidelines. It could stay there.
OTIS.
#3
gm_general
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- TT Member+
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Member
Posted 27 February 2007 - 04:15 PM
A typical rule of thumb is that if the VIX moves 10%+ in one day, the market usually reverses the next day. But +70% in one day? Don't think I recall anywhere near that!
