Is There a VIX Spike?

If you look at the history of the VIX it was higher than it is today in 2011 2011 The stock market really went down like 19% in change That's when people thought we're gonna have a double dip and the Europe stuff was going on in Greece. Maybe there's been no like big shocks right now in 2011 There was a lot of headline risks coming out of Europe and double dip stuff and outside of CPIThere's been no surprises. It's just been a slow bleed and maybe that's a thing Look, maybe it never gets to that capitulation point because there's been a 10 month bear market  and it's kind of been the same thing.