Doom Day Rescue Plan
Well, I have been tracking VIX in the recent months. VIX is Chicago Board Options Exchange Volatility Index, if VIX is Low, means the market is non-volatile. In a bull market, low VIX means all people think the market would go ever higher, and in a bear market, all people left the market… Therefore, VIX is also the fear index.
http://en.wikipedia.org/wiki/VIX
http://finance.yahoo.com/q?d=t&s=^VIX
I plotted the graph in Yahoo:
It’s crazy that yesterday VIX jumped 64%, people are waking up…
However, it is not that bad, and I read something interesting which you maybe interested to know as well.
It’s about what to buy in a crash market~ :O
All are statistics, but because the opening of <?xml:namespace prefix = st1 ns = "urn:schemas-microsoft-com:office:smarttags" />
Eric
