mkm derivative strategist jim krueger says that means stocks could be set up for a nice rally over theseveral weeks. meanwhile others point to the drop in volatility as a sign of market complacency. that means nobody's adequately prepared for a real market shock. still others are saying hey, let's use this drop in volatility to buy cheap protection against future market declines. regardless of your view here the steep drop in volatility has been one of nearly historic proportions. the vix certainly something a lot of traders have been watching especially given all the stuff with greece and china melissa. back over to you. >> thank you, dom. one man who's really been watching it brian sutland. he is is our resident fear meche. what does a vix plunge tell you about stocks? >> it's really interesting because like dom said we did have a 39% plunge in the vix on the close on thursday and what's interesting, some analysts saying hey, that means the market's going to rally over the next few days. it actually means it can rally over the next three and six months. we start looking at some of th