"Fear isn't here," writes Brendan Conway of the VIX, which is up a "scant" 5% amidst a 2%...

|By:, SA News Editor

"Fear isn't here," writes Brendan Conway of the VIX, which is up a "scant" 5% amidst a 2% sell-off in equities. Not only is the index not moving much (it rose 50% on August 8, for instance), but traders say volume today, while brisk, is not particularly strong. VXX +5.9%.