The VIX Is Setting Up for Long Volatility

The VIX right now is a really interesting setup and I think we talked about it on market call that everybody was hoping for this kind of year-end rally over the last you know few weeks. The panic was to the upside and I think that's exactly what you're seeing people are panicked to get in oh I don't want to miss it I'm going to miss it. So days like today guy you know again 29th of December. Does it shake you out of let's say you're bearish near term conviction when you see a sort of rally like this on the pen ultimate day of the trading year? That's a word I think you would use ever, Karen Finner