VIX Surges to Record as Options Traders Bet on Citigroup Losses

Discussion in 'Stock Market' started by NOBama, Nov 21, 2008.

  1. NOBama
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    NOBama Senior Member

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    Interesting article. Worthy of perusing, IMO.
     
  2. editec
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    editec Mr. Forgot-it-All

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    Investors, even the big ones, don't know whether to shit or go blind.
     
  3. NOBama
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    NOBama Senior Member

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    Hence, the volatility.
     
  4. editec
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    editec Mr. Forgot-it-All

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    Yup.

    I believe that on a day to day basis it can go either way because the market is reacting to the news as it happens.

    In the long run?

    Well unless or until we do something about some major problems our economy is facing, the market can really only go one way...down.

    Of course we can alwasy come up with some stupid policy or the other which could create a bubble or two, but the fundamentals lead me to think that the market is going down because the economy is going down.

    We can fix these problems, ya know.
     

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