the vix in 2008 october and march 2020 is at the same spike
the difference was in october 2008 the market crashed 50% in matter of 2 months
where as today it crashed only 25% from All time high or bubble price. in three weeks and no bids at all.
nobody is putting any bid or buying any stock even with this much fear index or VIX.
in 2008 there was lots of buying.
the panic level and fear level is all time high yet no buying of stocks. from value investors like Buffet types. cause it's still expensive and no value. a worthless stock drops 50% in one day is still worhtless
the difference was in october 2008 the market crashed 50% in matter of 2 months
where as today it crashed only 25% from All time high or bubble price. in three weeks and no bids at all.
nobody is putting any bid or buying any stock even with this much fear index or VIX.
in 2008 there was lots of buying.
the panic level and fear level is all time high yet no buying of stocks. from value investors like Buffet types. cause it's still expensive and no value. a worthless stock drops 50% in one day is still worhtless