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Old 09-29-2008, 02:17 PM   #1
dex
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vix hits 46.38

http://finance.yahoo.com/q?s=^VIX
We could be nearing a bottom.
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Old 09-29-2008, 02:35 PM   #2
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I feel my bottom sitting here watching. I put my plan in to action about three weeks ago and hope I get the call soon to go back to work. Bottom for me looks like a 28% reduction in equities this year on a 70/30 split. I am confident I have the time and cash to watch it comeback in the next 6 years. I am shooting for CEO type pay of $80K for the first hour of work.
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Old 09-29-2008, 03:16 PM   #3
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A bottom, or are we stepping off a precipice into the yawning abyss!

Probably not. I shouldn't have even watched Cramer for entertainment last weekend, though.
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Old 09-29-2008, 03:30 PM   #4
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The VIX forced me to make another day trade. I made a 3% profit in 4 mins this time. I think it was 4% in 8 mins last time.
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Old 09-29-2008, 03:52 PM   #5
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I tried to make a day trade - ran out of 'day'.

-ERD50
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Old 09-30-2008, 05:21 PM   #6
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What is the VIX?
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Old 09-30-2008, 05:50 PM   #7
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Originally Posted by jIMOh View Post
What is the VIX?
VIX - CBOE Volatility Index
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Old 09-30-2008, 05:58 PM   #8
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Nords, thanks for the link to Investopedia! It answered three of my more recent pressing questions, and spared the boards here more evidence of my ignorance...
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Old 09-30-2008, 06:33 PM   #9
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Nords, thanks for the link to Investopedia! It answered three of my more recent pressing questions, and spared the boards here more evidence of my ignorance...
Just paying it forward, ahem, we all gotta start somewhere...
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