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Thursday, March 04, 2010 7:59:05 PM
CHART OF THE DAY: Now This Is What Volatility Really Looks Like
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John Carney and Kamelia Angelova | Mar. 4, 2010, 3:52 PM
The one month chart of the ADRs for the National Bank of Greece is an excellent illustration of the market's chaotic swings on rumors and news about the Greek debt crisis.
Day after day the chart breaks from the previous days close, reflecting the fears and speculative hopes of traders. On Monday, the shares reached up close to their one month highs. Now they are headed back down.
John Carney and Kamelia Angelova | Mar. 4, 2010, 3:52 PM
The one month chart of the ADRs for the National Bank of Greece is an excellent illustration of the market's chaotic swings on rumors and news about the Greek debt crisis.
Day after day the chart breaks from the previous days close, reflecting the fears and speculative hopes of traders. On Monday, the shares reached up close to their one month highs. Now they are headed back down.
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