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82 Posts by Anonymous "ginger":
 
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Ginger
UK
Posted Anonymously
14 years ago
Mar 15, 2010 20:35
In Thread: S&P500 / VIX Ratio & USD LIBOR
Ashraf, yes, I've been keeping a very close eye on the ratio today - it was in the range: 61-64.

The market continues to defy logic and is overbought (even Cramer on CNBC, a perpetual bull, says so!) but it just doesn't want to go lower - tomorrow could be interesting but I doubt any change will happen in the tone of the FOMC. Nonetheless there may well be some profit taking tomorrow and news from China on rates could start the ball rolling for a much needed pullback.

Ginger
Ginger
UK
Posted Anonymously
14 years ago
Mar 12, 2010 21:30
In Thread: S&P500 / VIX Ratio & USD LIBOR
Ashraf, the S&P/Vix ratio closed today at 65.2, with the S&P closing at 1149.99 (this number feels to me as if it is manipulated some how!!), anyway although the market feels it's about to go lower it just hovers around 1150 with a bias towards going higher (Dow went higher today). What is your hunch for whether S&P goes higher next week? It feels like a double top to me but this market always seems to surprise.

Also, do you still fell that euro/dollar will fall to 1.32 by end of March or is it going to rally to over 1.40?

Look forward to your views.
G
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