VXX question on watchlist

    VIX Daily

    Posted by laurenpom on 15th of Jun 2011 at 01:38 pm

    I know this is not the VIX but I have been wondering about this for quite some time and the VXX has had some movement today as well.

    What does it mean on the watch list when it says the price is 22.76 (which today it is not)

    and has a stop figure of 23.05.

    That doesn't make sense to me of what the watchlist is trying to convey.

    Thank you..  

     

    Lauren, the $VIX is usually

    Posted by ditch on 15th of Jun 2011 at 05:06 pm

    Lauren, the $VIX is usually contained very well inside the BBband, when it breaks of of them as it did today and then pulls back inside, it usually marks a change of direction in the markets.Of course we have to wait for tomorrow to see if it pulls back inside but it's rarely outisde more than a couple days as you can see in this chart.

    lauren - that stop listed

    Posted by matt on 15th of Jun 2011 at 01:43 pm

    lauren - that stop listed was just an error typo

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