Sorry for not updating my blog yesterday, but I was really really busy all day and evening. I will try to update today or during the weekend.
Just a short note about the VIX-Index, as scary as the 98.79 points drop was yesterday the VIX-Index reached "Fear" territory, but we where nowhere near extrem fear...
Having heard and read about the causes for the collaps yesterday, I don't belive the "Fat finger" story or the broken machins story. Sell volum was huge and the buy-side simply just dissapered and that caused the collaps. We should see more selling pressure today.
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