So anyway great topic for a new guy like me. Maybe the vix has lost its meaning in a way. With Bernake coming out with new plans the market right now thinks the lows may not be broken. Ever since rumors of Fed buying directly into market, bypassing Banks... The vix has died. You could almost get a parallel of the rise in homebuilders and death of vix. Not that I would ever go long homebuilders. Anway if new lows are off the table and we are in a -range- the vix can die but... we can still be volatile as all hell. So the vix would mean nothing to me either swing trading for 2 weeks, or more importantly intraday. To me it certainly is not bullish. We can travel back down to 800 and vix will do nothing unless people think lows will be cracked, imo. Therefor, Im done looking at it until we are out of this range. Just a noobs opinion. edit- its still on my screen heh. Dont suppose I would take it off, I just put no faith in it right now