http://moghaddam.org The 2008 global stock market crash and me Thu, 23 Jul 2009 07:35:35 +0000 http://backend.userland.com/rss092 en The credit crisis had its effect on many currencies, but the Australian Dollar suffered among the heaviest losses. Why? Because the bursting of the credit bubble lead to deleveraging everywhere. That in turn caused traders to unwind their carry trades. Carry trades describe the action of selling a low yield ... http://moghaddam.org/the-australian-dollar-after-the-carry-trade/ The VIX, or Volatility index reached a historic high this week, spiking at 76.94 on Friday. It basically measures the expected volatility of the S&P 500 index. Low values imply smooth sailing while high values reflect fear or panic. A look on the all time chart reveals that we are ... http://moghaddam.org/volatility-index-reaches-record-highs/ Friday was a day of extreme volatility on the markets accompanied by high volume. Almost 3 billion shares were traded on Wall Street. [caption id="attachment_6" align="aligncenter" width="500" caption="The QQQ shares represent the Nasdaq 100."][/caption] Especially remarkable was the opening panic mostly caused by margin calls and forced selling with very high volume. ... http://moghaddam.org/turnaround-day/