Zeev's Turnips Patch-No Politics (ZEEV)

[augieboo]

"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?"
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Not really.

Remember, the VXN is based on the implied volatility of NDX options, so the best thing to compare the VXN to is the NDX.

So, Let's take a closer look at VXN and NDX together.

What do you see now?








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http://www.angelfire.lycos.com/goth/augieboo