http://www.optioninvestor.com/charts/03sep/oimw092103_04.gif http://www.optioninvestor.com/charts/03sep/oimw092103_05.gif http://www.optioninvestor.com/charts/03sep/oimw092103_06.gif
waggie945, So... are you bullish or bearish??? Any Open positions to exploit what the charts reflect??? NihabaAshi
How could you interpret those charts as anything other than bearish? Or are you just asking him to go into more detail?
Can anyone explain the extremely odd situation with the VXN today? Unlike the VIX (the old and new varieties), the VXN is DOWN 1.75 (or 5.9%) currently with the NDX down over 2%. Perhaps there's something wrong with the data? Otherwise, this would be really bizarre.
Actually, I just found the answer. Today the CBOE started applying the same methodology to the VXN that they are using to calculate the new VIX. So the point and percentage changes being quoted for the VXN today are meaningless.