Effect of the VIX on NDX and SPX - Monthly Charts back to 1995: <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$ndx,uu[l,a]mhclynay[d19950101,20031231][pd20,2!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$vix,uu[l,a]mhclynay[d19950101,20031231][pd20,2!f]> <img src=http://stockcharts.com/def/servlet/SharpChartv05.ServletDriver?chart=$spx,uu[l,a]mhclynay[d19950101,20031231][pd20,2!f]>