News Focus
News Focus
Followers 305
Posts 46029
Boards Moderated 1
Alias Born 08/27/2001

Re: Justa Werkenstiff post# 97655

Tuesday, 04/15/2003 12:21:48 PM

Tuesday, April 15, 2003 12:21:48 PM

Post# of 704041
I think the VXN may be gunning to hit the lowest level since the indicator was invented today. 36.21 from March 28, 2002 is the record.

Note that on that date the COMP was 1852, nearly 100-points lower than its early March high of 1946.

Translation: Lower VXN does not mean higher index prices absolutely.

March 11, 2002 COMP 1946 high
March 11, 2002 VXN 41.67 low

March 28 2002 COMP 1852 high
March 28 2002 VXN all time low of 36.21

http://www.investorshub.com/boards/board.asp?board_id=1613
AJTJ's Market Pulse
Do your own DD. Void where prohibited. Observed side effects include darkening of the stool, spontaneous amputation, and death. Rosebud.

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today