Very good post sir. I have had to follow the the ^vix since my mistakes I made in 99 through March 2000. Watching the ^vix during the March 2000 tech/bubble and 2001 911 attack events, I made great moves acquiring holdings during double low bottom in October 02 and March 03. Also It does matter regarding the ^vix, as I made good moves during double bottom in October 08 and March 09. Never seen so many 9's days. Thanks for pointing out the canary in the mine.