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09-29-2008, 01:17 PM
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#1
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Oct 2003
Posts: 5,105
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vix hits 46.38
http://finance.yahoo.com/q?s=^VIX
We could be nearing a bottom.
__________________
Sometimes death is not as tragic as not knowing how to live. This man knew how to live--and how to make others glad they were living. - Jack Benny at Nat King Cole's funeral
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09-29-2008, 01:35 PM
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#2
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Recycles dryer sheets
Join Date: May 2008
Posts: 162
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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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09-29-2008, 02:16 PM
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#3
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Moderator Emeritus
Join Date: Jan 2007
Location: New Orleans
Posts: 46,038
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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.
__________________
Already we are boldly launched upon the deep; but soon we shall be lost in its unshored, harbourless immensities. - - H. Melville, 1851.
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09-29-2008, 02:30 PM
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#4
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Thinks s/he gets paid by the post
Join Date: Nov 2006
Posts: 2,288
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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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09-29-2008, 02:52 PM
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#5
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Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
Join Date: Sep 2005
Location: Northern IL
Posts: 25,099
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I tried to make a day trade - ran out of 'day'. 
-ERD50
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09-30-2008, 04:21 PM
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#6
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Thinks s/he gets paid by the post
Join Date: Apr 2007
Location: west bloomfield MI
Posts: 2,222
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What is the VIX?
__________________
Light travels faster than sound. That is why some people appear bright until you hear them speak. One person's stupidity is another person's job security.
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09-30-2008, 04:50 PM
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#7
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,826
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 Quote:
Originally Posted by jIMOh
What is the VIX?
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VIX - CBOE Volatility Index
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Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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09-30-2008, 04:58 PM
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#8
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Full time employment: Posting here.
Join Date: Feb 2008
Location: Central Coast, California
Posts: 923
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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...
__________________
"You'd be surprised at how much it costs to look this cheap." -- Dolly Parton
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09-30-2008, 05:33 PM
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#9
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Moderator Emeritus
Join Date: Dec 2002
Location: Oahu
Posts: 26,826
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Quote:
Originally Posted by Urchina
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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Just paying it forward, ahem, we all gotta start somewhere...
__________________
*
Co-author (with my daughter) of “Raising Your Money-Savvy Family For Next Generation Financial Independence.”
Author of the book written on E-R.org: "The Military Guide to Financial Independence and Retirement."
I don't spend much time here— please send a PM.
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