Cruelest Month Awaits: VIX Signals S&P 500 Swoon as September Approaches

by Benjamin Domenech on 11:52 am August 10, 2009

“It’s a danger sign,” said Ronald Egalka, a 36-year options trader who oversees $8 billion as chief executive officer of Rampart Investment Management in Boston. “People expect volatility to pick up in the future, and that implies that there’s going to be a downward movement in the market.” Have we really found the floor?

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