Tuesday, August 9, 2011

Will the volatility subside?

Just got a quesiton: Now that we possibly have "a" low in here, wil the volatiltiy subside?

If we do bounce for a few days, volatiltiy should wind down a little bit, but don;t expect it to just go right back to the burtal choppiness we saw some days a few weks ago

Remember, anything less than 40 point ranges would be a contraction from here

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