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Re: None

Friday, 01/23/2015 3:58:36 PM

Friday, January 23, 2015 3:58:36 PM

Post# of 47082
Hi Gang, Is the CBOEO EX implied Volatility (^VXO) index a rough inverse metric for market down position?

In Feb 2009 it was 42 for the week of the 9th and 49 for the week of the 17th. In looking at last October it hit a daily high point on the 15th of 23.18.

Seems like it to me and this may make it a good metric to look at like the ValueLine Appreciation Potential that the VWave is calculated from. It might be a possible metric like the 13/30 SMA for getting into a position.

Best,

Allen

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