On Thursday, we noted the increase in volatility via a Financial Post column. Today’s chart porn comes via the NYT & Barron’s.
First up, the NYT, with this gorgeous info-graphic on volatility — note the peak in 2002, which marked the bottom of the Bear markets (Oct 2002/March 2003):
Chart courtesy of NYT
Second, have a look at Dick Arms column in Barron’s. Dick believes the recent volatility surge is a Bullish sign.
I have a lot of respect for Dick, as his methodology is statistically based and empirically driven.
Even if you disagree with him, you can at least respect his methodology, which has zero cheerleading content in it.
Chart courtesy of Barron’s
Buy Volatility (January 14, 2006)
For Stocks, It’s the Wild West, East …
NYT, March 29, 2008
Whiplashed? That’s a Bullish Sign
Now Is the Time to Buy, Not Sell
RICHARD W. ARMS
Barron’s, MARCH 31, 2008
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.