Guess we caught that one pretty good as well and its obviously just the beginning of a major move but still at some point next week we will pull back down towards 30-32. Before rising to the 50 levels the weeks thereafter. After the weekend markets will get a bit smoother again while people are still unnerved today and very nervous as they saw the invincible US market traded like a banana republic exchange yesterday took away lot of confidence. Better the SEC comes up with some good explanations what happened.
Friday, May 7, 2010
VIX update
Guess we caught that one pretty good as well and its obviously just the beginning of a major move but still at some point next week we will pull back down towards 30-32. Before rising to the 50 levels the weeks thereafter. After the weekend markets will get a bit smoother again while people are still unnerved today and very nervous as they saw the invincible US market traded like a banana republic exchange yesterday took away lot of confidence. Better the SEC comes up with some good explanations what happened.
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