I believe it's more than double the longest period in the history of the stock market without a 2% SPX down day. love to find that link to stat again
duh, me. http://finance.yahoo.com/q/bc?s=^VIX&t=my It's about where it was just before the biggest bull market in modern history, incidentally. fwiw.
just isn't a whole lot of visible correlation between VIX lows and market tops, long term. http://www.cboe.com/micro/vix/pricecharts.aspx