We had a pretty listless day today. VIX down with the SPX down is usually a snoozer, as the market takes a break and evaluates what volatility is really worth now that the printing presses are going full steam. That moisture you feel in air is the strain of the dollar machine blowing steamy exhaust out of the building. I guess the Euro theater is now just a spectator sport as the two sides decide what to give and how much to want. Either way the central banks have committed to throw money at it so the VIX is looking iffy at a 14.18 close.