To view the latest headlines and get real-time stock quotes on your mobile device, go to http://m.cnbc.com | DOW | 9955.5 | | -369.88 | -3.58% | | NASDAQ | 1862.96 | | -84.43 | -4.34% | S&P | 1056.89 | | -42.34 | -3.85% | | | | | | Matt Nesto, Reporter CNBC Business News We all know that history is only a guide but without fail, whenever things gets REALLY rocky like today - I find myself looking backward to find a way forward.
One thing that comes to mind amidst this volatility and the VIX at a record high, is that hyper-volatily is always short-lived, and typically indicates a major shift is at hand. In the past 20 years the VIX has topped 40 only 6 times. Each time marked a top or bottom…and I think most would agree that we're closer to a top than a bottom at this point!
| | | You CAN Trade This Volatility With the VIX at record levels and the Dow now down another 5%, investors are running for cover. However, there are now enough data points to begin to look at patterns on what has been happening after these big drops. ...read more | | | | Investing Is All About Risk So Get Personal About It Understanding your personal tolerance for risk is an essential part of creating a well-allocated portfolio that will both meet your financial goals and allow you to sleep soundly at night. Given the recent financial crisis, which has caused gigantic...read more | | | | Take Steps To Avoid Outliving Your Nest Egg Amid the market melee, you may be starting to question the investment strategy behind your battered portfolio, but before you attempt any knee-jerk moves to mitigate risk, consider the impact an uber conservative investment stance might have on your ability to feather your nest egg....read more | | | | How do you survive the market turmoil? Get the answers you need tonight on CNBC's continuing special report "Wall Street in Crisis: Is Your Money Safe" 7p ET hosted by Larry Kudlow | | | 1. NYSE Market Wrap Bob Pisani reports on an extraordinarily volatile trading day from the NYSE | | | | 2. Dick Fuld Testimony Former Lehman Bros. CEO Dick Fuld discusses the cause and effects of the firm's bankruptcy | | | | 3. Ackman On Wachovia Discussing the crisis of confidence and Wachovia, with William Ackman, Pershing Square Capital Mgmt. and CNBC's Becky Quick. | | | | CNBC.com BLOG OF THE DAY | | | | (c) 2008 CNBC, Inc. All Rights Reserved | | |
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