The financial markets worldwide are getting slaughtered and the best financial twitter accounts are spouting inside acronyms faster than Ebola is spreading in Big D. Here are some examples:
VIX 31
— zerohedge (@zerohedge) October 15, 2014
VIX 30!!! — Stalingrad & Poorski (@Stalingrad_Poor) October 15, 2014
1813 spoos would be a 10% drop fyi.
— Stalingrad & Poorski (@Stalingrad_Poor) October 15, 2014
Some perspective pic.twitter.com/zDUqrEGhEZ — Stalingrad & Poorski (@Stalingrad_Poor) October 15, 2014
SPOOS is slang for S&P 500 Index futures. VIX? Here is a hint: Continue reading “Slabbed Finance: In case you were wondering what the heck is a VIX and SPOOS……”