Mar

12

"Behold the VIX splattergram"

Moving to single digits? The market moves slowly but in long runs to the upside. It squeezes shorts like frogs boiled in water getting warmer and warmer and it attracts new buyers. On progressively lower volumes.


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2 Comments so far

  1. marty mackman on March 12, 2013 9:27 pm

    Ironically, I got long that exact drop you highlighted in the VIX.

  2. Bobby Lemon on March 13, 2013 10:58 am

    Modern sources tend to dispute that the phenomenon is real. In 1995, Professor Douglas Melton, of the Harvard University Biology department, said, “If you put a frog in boiling water, it won’t jump out. It will die. If you put it in cold water, it will jump before it gets hot—they don’t sit still for you.” Dr. George R. Zug, curator of reptiles and amphibians at the National Museum of Natural History, also rejected the suggestion, saying that “If a frog had a means of getting out, it certainly would get out.”[2]

    In 2002 Dr. Victor H. Hutchison, Professor Emeritus of Zoology at the University of Oklahoma, with a research interest in thermal relations of amphibians, said that “The legend is entirely incorrect!”. He described how the critical thermal maximum for many frog species has been determined by contemporary research experiments: as the water is heated by about 2 °F, or 1.1 °C, per minute, the frog becomes increasingly active as it tries to escape, and eventually jumps out if the container allows it.[3][20]

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