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misreading misleading headlines

Misreading misleading headlines: VIX edition

February 13, 2012

I was shocked to see the following bold headline this morning, as it describes something which did not actually happen: CBOE 'fear guage' drops 6% in Monday trading Let's be clear: the VIX is measured in percentage points. A 6% drop in the VIX is very significant, as it represents a 6 point drop in […]

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