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The Vix Collapse
When the vix oscillates like a sign wave, it goes up and stays up. It literally mean reverts to 20 but its a huge but when it doesn't,. There are times in between where the vixen get to ten, two thousand 17. We had a short bout last summer fall of a 16 17 vix we didn't get to the ten handles that we used to. So what is the right way to think about this? Now, there has to be folo through, even if it's a slower moving upside. Conceivably, we could have another really good day to morrow that takes the vix that low - or it needs a little bit more time