***VIX, VXO, VXN... interesting action today... SMART money seems to be protecting themselves against downside because despite the markets such as the Dow and the S&P 500 being up by about a half a percent and the Nasdaq Composite currently higher by +1.11%... the VIX & VXN are both green by +1.05% and +0.51% respectively while the VXO remains red by -2.03%... in the past on up days such as today, I would expect to see all of these volatility indexes red by at least 5%... that is far from the case at mid-day today...