Hey Sti,
As you know, unfortunately the vix wasn't around in 1929, but lucky for us, or for my mind which likes to play connect the dots, the tech bubble burst closely resembles the 1929 market (these two markets have been paralleled on quite a few websites lately). Also lucky for us (and me) the Nasdaq has it's own VIX, the vxn. Looking at the levels of the VXN from Friday it came within 10 points of that 2001/2002 high reading of 85. For the record, the highest VIX reading was around 150 during the 87 crash.

And here's a chart of the big '87 vix spike.
Interesting.
David John Hall
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