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Re: [RT] VIX and VXN from their father



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Apologies, should have been a private mail to Ben
----- Original Message -----
From: "David Jennings" <davidjennings@xxxxxxxxxxxxx>
To: <realtraders@xxxxxxxxxxxxxxx>
Sent: Monday, February 04, 2002 11:12 AM
Subject: Re: [RT] VIX and VXN from their father


> I can't replicate yr. friends problem I've successfully changed the
> password. Is putting the password in quotes viz "0033684643" for May.
>
> There was no attachment - however, my understanding is that a protectected
> ELS cannot be cracked However, an ela can be cracked. Send the cracker
over
> (- not sure if it's the one I already have ).
>
> BTW did you get any joy from Clyde regarding his exit programming for yr.
> systems?
> ----- Original Message -----
> From: "profitok" <profitok@xxxxxxxxxxxxx>
> To: <realtraders@xxxxxxxxxxxxxxx>
> Sent: Monday, February 04, 2002 2:32 AM
> Subject: Re: [RT] VIX and VXN from their father
>
>
> > I have been using the vix as a timing tool for years
> > and you just have to intrepid it correctly
> > looks like Ron  agrees
> > nice evening
> > Ben
> > ----- Original Message -----
> > From: "Ronald McEwan" <rmac@xxxxxxxx>
> > To: <realtraders@xxxxxxxxxxxxxxx>
> > Sent: Saturday, February 02, 2002 9:33 PM
> > Subject: Re: [RT] VIX and VXN from their father
> >
> >
> > > This is very interesting. I have been using the VIX ( and the VXN ) as
> > > inputs to a Montecarlo Simulation model I develeoped to predict the
> > > approximate price ranges for the Oex and Ndx. I never realized that
this
> > > could not be done ?
> > >
> > > Ron McEwan
> > >
> > > On Sat, 2 Feb 2002 19:13:31 -0500 "Jacobson, Alex"
> > > <AJacobson@xxxxxxxxxxxxxx> writes:
> > > > I was at the annual CBOE/CBOT/CME Risk Management Conference this
> > > > week.  On
> > > > Friday Bob Whaley of Fuqua .. the fellow who created VIX and VXN for
> > > > the
> > > > CBOE did a piece analyzing volatility indexes.  He, in effect, did
> > > > an
> > > > analysis of the predictive value of market vol. indexes as
> > > > predictive tools
> > > > ... both short term and long term.  I'll simplify his conclusions.
> > > > It
> > > > doesn't work as forward price indicator.   I don't know if the CBOE
> > > > will or
> > > > won't post his study on their Website.  The CBOE never proposed the
> > > > index as
> > > > a predictive tool of direction ... it was offered as a gauge of
> > > > subsequent
> > > > market return volatility.
> > > >
> > > > One really interesting analysis he did was on the spread of VXN over
> > > > VIX as
> > > > measure of concern over tech.
> > > >
> > > > Alex Jacobson
> > > > Vice President
> > > > Business Development
> > > > International Securities Exchange
> > > > (212)897 8125
> > > > (877)720 9918(SKYPAGE)
> > > > ajacobson@xxxxxxxxxxxxxx
> > > >
> > > >
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