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Among the trading myths revealed in 2012, writes Ryan Detrick is that a "low" VIX (VXX) is...

Among the trading myths revealed in 2012, writes Ryan Detrick is that a "low" VIX (VXX) is bearish. Anyone who thinks the VIX below 20 shows unusual complacency doesn't have charts going back more than 5 years, he says. Another: That low volume is bearish. Dollar-volume is a fairer indicator, and it's higher now than it was during the 2003-07 run. Put another way, if Apple and Google split 10:1, low volume goes away.
Comments (4)
  • mike mohr
    , contributor
    Comments (451) | Send Message
     
    "if Apple and Google split 10:1, low volume goes away. "
    Another way to trick you out of your money.
    11 Dec 2012, 03:46 PM Reply Like
  • SivBum
    , contributor
    Comments (1656) | Send Message
     
    Yeah, but back then, the big volume drivers like bac jpm c ms gs were not cheap as today.
    11 Dec 2012, 03:55 PM Reply Like
  • Laurent1962
    , contributor
    Comments (64) | Send Message
     
    VXX is a Trap except when a "Krach", like in Summer 2011, with a Surge in VIX, occurs ...

     

    In 2012, XIV was a much better Choise, a bit late unfortunately, what about 2013 : a Spoonful of VXX to gat some Money back, or same Trap as in 2012 ?
    12 Dec 2012, 12:59 AM Reply Like
  • mannydean
    , contributor
    Comments (3) | Send Message
     
    the VXX is being totally manipulated. Should be much higher!
    12 Dec 2012, 02:13 AM Reply Like
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