Robert Colby of TraderPlanet.com low VIX suggests that sentiment

来源: marketreflections 2010-10-27 09:06:10 [] [博客] [旧帖] [给我悄悄话] 本文已被阅读: 次 (769 bytes)
http://www.insidefutures.com/article/182195/Evidence%20of%20Hesitancy%20to%20Chase%20Obvious%20Price%20Strength.html

Stock indexes: evidence of hesitancy to chase obvious price strength.

VIX Fear Index rose again and has turned relatively firm after plunging below 5-month lows on 10/13/10. VIX fell to 17.90 on 10/13/10, down from 48.20 on 5/21/10. The relatively low VIX suggests that sentiment has been through a period of bullish complacency, while a firming VIX indicates hesitancy by options players to chase obvious price strength. VIX is a market estimate of expected constant 30-day volatility, calculated by weighting S&P 500 Index CBOE option bid/ask quotes spanning a wide range of strike prices for the two nearest expiration dates.

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