Thursday, May 21, 2009

Fear Index - CBOE Volatility Index up 4.93 pct

CBOE Volatility Index (^VIX) moves up as Tim Geithner appears before house panel. Fear mounts on Fed borrowing and UK's possible downgrade by S&P. Lack of good news, people back to watching markets after the end of American Idol and Dancing with the Stars, may be, we can try out Britain's got Talent, with TV remote control providing click dollars to Treasury.

update at 2:40pm - Index up 10.68 pct ^VIX 32.13

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