Manifestor

VIX: Past and Future

How about loose cannon commentors. Any one to keep a check on them !

I got two key insights from this article. One, going long on volatility doesn't pay since volatility spikes on events that are not predicable. Can at best be used as a hedge against those events. Two, the impending swoon in the S&P has been moving in timeframe from spring to summer to fall, as of now. Lesson: whenever a fall in the market is anticipated, it doesn't happen. Will happen only when everyone has given up anticipating the fall.

Good article. Thanks.