A 12-17 move in the vix WAS pretty strong...however...only relatively. I rememberer (as do you) when 22 vix was "low" and we saw..30, 50 70!!! in 2008-2009; Again to me the VIX is a "relative" measure of the fear or complacency in the market and until we start seeing 20's 30's in the VIX I...