tag:blogger.com,1999:blog-12333088.post6836241603384012490..comments2023-11-10T05:07:19.026-05:00Comments on Carl Futia: Guesstimates on December 14, 2010Carl Futiahttp://www.blogger.com/profile/01624989905417650273noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-12333088.post-56526504343892183772010-12-14T11:05:52.977-05:002010-12-14T11:05:52.977-05:00Volatility index is at historically low level. I t...Volatility index is at historically low level. I think it is likely to stay at this level during the rest of Dec. <br /><br />One way of interpreting it, is that the daily range of S&P 500 has compressed from its usual range 14-15 points to about 8 points now. <br /><br />So your daily range estimate may have to be adjusted to either 1232-1240 or 1229-1237, depending on how you calculated your midpoint.R Nhttps://www.blogger.com/profile/00826716782058408717noreply@blogger.com