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Replies to post #294212 on Zeev's Turnips Patch-No Politics (ZEEV)

Replies to #294212 on Zeev's Turnips Patch-No Politics (ZEEV)
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Public Heel

09/12/04 2:24 PM

#294215 RE: Zeev Hed #294212

Do you think the huge, and increasing, levels of program trading tend to "smoothe things out", and thus lessen overall volatility, causing the VIX to indicate complacency that isn't really there?