From	To
Email: * First Name: Last Name: Send a copy to myself	Email: * First Name: Last Name:

Commentary Topic from greenfaucet

What is the the VIX:VXV Ratio Telling Us?

The VIX closed at 26.36 today, down 15.4% from Monday's close of 31.17 to the lowest closing level since the 25.66 close on September 12, 2008 - the last trading day before the Lehman Brothers bankruptcy was announced. According to the classic 10 day simple moving average measure, which has the VIX currently sitting 11.7% below that level, the VIX is now in an ‘oversold' position according to the TradingMarkets 5% Rule as well as a more stringent 10% threshold used by other traders.