RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Insane PE ratiosAgreed but the vix only went to 50 last august. And in comparison to the oil metldown in february the vix only hit 30. And personally i felt the oil scenario was much worse macro event than the august selloff. So you know we would be hoping for alot to expect a complete meltdown before elections.