What is VIX?

IF FKLI cannot hold 962 support level, we will see another leg down for CI.

Still have few hours to go..

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Added on September 18, 2008, 11:02 amVIX

VIX is the ticker symbol for the Chicago Board Options Exchange Volatility Index, a popular measure of the implied volatility of S&P 500 index options. Referred to by some as the fear index, it represents one measure of the market's expectation of volatility over the next 30 day period.

Wikipedia.org


This post has been edited by AdamG1981: Sep 18 2008, 11:02 AM

yep, I anticipate either another BN component pulling out or another detention .

exactly, sometimes seat aside and watch the show is a kind of enjoyment too.

you lose nothing, you win nothing (maybe get to catch an exciting market show could be something cherish too, lol)

emmm about the same thing as what Adam sees from the chart
a rebound is expected when CI comes to 960-970

How is regional markets doing? Also as bad?

OK guys, this is it, FKLI market players testing 962 support.

If Vix more than 40, now around 30+, then it can be called market capitulation already. Time to buy for short term bounds.

Look at history, market did crash from time to time, but those crash after 5-10 + years, it was seen as opportunities. The more worry is market didn't crash but drift lower and lower. A sudden crash might be better, short term pain rather than long term pain. Some company won't worth nothing even there is severe economy recession, eg. Coke, Mcdonalds.

almost equally bad. Worst is Hong Kong -5%, Malaysia next @ -3.7%

Too add another point is that, today US SEC will start to curb naked short selling on stock and demand those short sell to deliver the stocks after 3 days for clearing settlement, which might potentially put a halt of US market sliding.

red red red..bloody red..

Yes, but we will probably have a larger decline before the bottom.

good to see that..

Singapore drop almost 8% in this few days...

Wow as at this morning ..... first time i see KLSE got 0 counter Gain .

got ler, 29 up, 599 down, 69 unchanged

Yeah, short term pain is better than long term pain. I'm also anticipating for a crash

hmm ...not got back some counter gain ...just now i see "zero" ....

Public Bank 9.40 also can buy liow....

real bloodbath today

will some cables be unplugged?

Anyway Gold soaring..Anyone investing in commodities?

This post has been edited by keelim: Sep 18 2008, 11:57 AM