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...does not even measure volatility. The VIX is a measure of demand for options, more than it is a measure of volatility. More accurately, it takes account of the worst-case volatility that investors writing, or selling, options are expecting. In a relatively stable market, the VIX probably does mimic realized volatility fairly accurately, but in desperate times, as investors flock into put options - and greater volatility is possible in the near future - the VIX is an inflated measure of actual volatility...

Author: /time Magazine | Title: The Volatility Index Is Falling: A Bullish Sign? | 4/22/2009 | See Source »

...sometimes graphic detail, the memos issued by the department's Office of Legal Counsel (OLC) reveal how the key conditions laid-down by the Administration were not always adhered to. Those guidelines were that the techniques were supposed to mimic the mock-torture of service personnel in an U.S. Army training program, they were to be used as a "controlled acute episode," and they were not to be used "with substantial repetition." (See pictures from inside Guantanamo Bay's detention facilities...

Author: /time Magazine | Title: How Waterboarding Got Out of Control | 4/20/2009 | See Source »

...1970s when Tom Wolfe coined the Me decade and Christopher Lasch wrote The Culture of Narcissism, then speeding into hyperdrive during the past few years. Both Twenge and Pinsky argue that the narcissism of celebrities is being mirrored in the culture by Americans who, like a child, mimic attention-getting star behavior by singing on YouTube, sexting photos, getting plastic surgery or naming their totally non-Hungarian son Laszlo Stein. (Watch Stein visit a couple getting Botox at home...

Author: /time Magazine | Title: Why Joel Stein Is Not a Narcissist | 4/9/2009 | See Source »

...smarter. Playing an Antonio Vivaldi or Antonin Dvorák cassette tape while studying one’s times tables conferred A’s, so it went. SANOSON, however, does not claim to have made strides in the field of child-smartening, nor does it aim to mimic the musical folk therapy employable on, say, crowded restaurant floors. Rather, it aims to combat the stressors that many long-term hospital patients and the gravely ill face during recovery. Patients are prescribed a schedule of musical compositions, the energy levels of which are designed to parallel their daily activities. SANOSON...

Author: By Ruben L. Davis, CRIMSON STAFF WRITER | Title: Playing with a Potential Musical Cure | 4/2/2009 | See Source »

...usually, the more dramatic cases deal with people who are screaming, using their voice, shoving and punching, getting up, smacking their head against the wall - just very violent. And that voice is beyond a simple mimic of a strange voice. It's very uncanny, very unnatural. And then, of course, there's vomiting, which is common. Father Carmine saw a case where a woman vomited up a small black toad that was still alive. He went to catch it, and it dissolved into saliva. I had another priest who I talked to who dealt with a woman who vomited...

Author: /time Magazine | Title: The Story of a Modern-Day Exorcist | 3/16/2009 | See Source »

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