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More on VIX conundrum, Thur., August 4, 2005, 9:46 AM






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As you know by now, I am less concerned with the loss of the VIX as an important technical indicator (to some of us), as I am with the growing potential for systemic collapse of the capital market system due to a misunderstanding of risk and volatility. For whatever reason, traders today accept more risk and less potential reward. If this was simply a new paradigm based on the features and benefits of new credit derivative products, then so be it. What I cannot accept, however, is that traders, ... (more)  

- link to More on VIX conundrum, Thur., August 4, 2005, 9:46 AM -
Last update: 08/04/2005





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