Wednesday, April 16, 2008

What volatility?

Jim has pointed me to a nice chart of VIX. The chart shows how much volatility has come down during the past few weeks. Perhaps this is a sign to buy a little protection.

2 comments:

Jim said...

I meant it more from the technical perspective that it has broken below MA and the trend higher might be reversing for a time, which would be consistent with Oreo theory. You may be correct for a day or two though.

Warren said...

For a day or two...more like just today. I agree there is a reversal in sentiment...I'm afraid I've become too near sighted recently. I need to listen to Puplava again with a big bag of Oreo's...creamy filling...