i'm dominick chu. if you're flabbergasted, you're not alone. the vix took a leg lower. it may put interest rates on hold a little longer, and the language, if you're wondering how low below 14 it is, it's not relatively speaking. since 2010, there have been 414 times when the vix has traded lower than the 14 mark. many are bunched together in a series. so when you break out the ranges, you still get a bunch of times. if you look at the times when the vix has traded below 14 and the euro has traded below $1.14 like now, and we've had an effective fed rate of 37 basis points or lower, had crude oil low of 50 and the unemployment rate below 5%, this has only happened three distinct time frames in history, all within the past year. so it's fair to say we're in uncharted waters for how markets will react in the unprecedented factors. so, melissa, we're still waiting to see how it will resolve itself. there's hardly any history to beg it on. >> chu's burning the mid night oil for us. have a great weekend. >> you too. >> should you be playing offense or defense? >> i think whe