Zeev's Turnips Patch-No Politics (ZEEV)

[brainlessone]

and I am still looking at a chart. at the risk of being called brainless, the height of the vxn occurred at the height of the market in march 2000, and also the july high of the vxn corresponded to the market low in july 2002. I wish i understood this. does it mean any significant spike in the vxn can produce a change in the market unrelated to whether the spike is up or down?