VIX At 79.43 As Panic Deepens

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VIX At 79.43 As Panic Deepens

By Bill Luby on October 23, 2008 | More Posts By Bill Luby | Author's Website

A new record high close for the VIX (^VIX) is all but assured at this point.

Buyers have been afraid to step in front of the freight train during the past three hours, thought it is never easy to predict what the last 90 minutes will bring.

For those who have asked, the VIX technically has no upper boundary.

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