The Homa Files

Excerpted from Business Week, Oct. 27, 2008

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By all measures, market volatility has heightened recently. Tthe spread between daily S&P 500 highs and lows is averaging over 50 points, vs. about 25 points in the first eight months of 2008.  The VIX — an index of S&P volatility — has almost tripled in the past couple of weeks. 

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Ken’s Take:  Jacked from financial advisor Dave Ramsey (who probably jacked it from somebody else) –“Hold on tight — you usually don’t get hurt on a roller coaster unless you jump off”

Source:
http://images.businessweek.com/ss/08/10/1016_numbers/2.htm

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