ajtj99's Market Pulse

[market_watcher]

The VIX is the volatility for the OEX, not the NYSE.

What's probably happening is that the correlation between the two assets being measured, the OEX and the QQQ, is not perfect, simply meaning that the OEX and the QQQ don't always travel in the same direction, so the ratio of the implied volatility for each when compared to some third asset class is not going to give you the same signal.