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us volatility soars, specs sell off

  1. Lochend15M

    1,427 Posts.

    Good Morning,

    A high volatility blow off day. US Markets soft in the important Last Hour. News Corp on Bigcharts off around 22-23c for the ADR

    Bad reaction in Europe especially to OPEC's intent to reduce output 900,000 BBL daily ....... German DAX has dropped 10% in four days !

    The old VIX now VXO, shot parabolically upward at 1130hrs NYT in a large white candle, easily the biggest in three months now on the old measure ... see $VXO on Stockcharts.com, and new code for the old VIX is now VXO on Bigcharts.com

    Graph

    http://stockcharts.com/def/servlet/SC.web?c=$VXO,uu[h,a]dhclyyay[d20030517,20030927][pd8,1.92!d8,1.97!f][vc60][i]&pref=G

    Nasdaq specs getting chewed
    Island 100 list

    http://toplist.island.com/ds/data/toplist/toplist.jsp?filter=all&width=555&tabs=true&links=true&sort=tradedshares&order=asc&html=true&ah=false&rows=100

    NEM and gold doing well out of this

    Regards.

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