Interesting stuff here Trades. I usually track the VIX (VXO-old formula) going back many years now. Been more attuned to it lately than usual, watching as it has drifted southward quietly from the early October peak, despite the continued lingering fears surrounding Europe and lack of any real solutions to their problems yet. Thinkin' (risky, I know, lol) that the drift will continue on down to test last years lows, implying a rally in the SPX and broader markets. Speakin' of low volatility, the markets are particularly 'quiet' today..can't remember too many Monday's in recent memory like this, lol...something major is about to break one way or another across a whole spectrum of markets...you can just feel it...probably that ole greenback will be the culprit behind whatever happens next...