maybe worth a read if interested in the VIX
http://www.investorplace.com/2011/12/beware-of-the-falling-vix-in-december/
December VIX seasonality
"The VIX has a strong downward bias in December, due to the high number of holidays and slow trading days in the 30-day forward window it captures. According to the blog vixandmore.blogspot.com, the VIX has hit its calendar-year low in the week before Christmas in five of the past eight years. During this time, the VIX has its low on Dec. 24 once, Dec. 23 twice and Dec. 18 once. It’s a remarkable, high-probability trend that doesn’t get nearly as much attention as it should."
December VIX Drops Usually Prove Short-Lived:
Falling VIX Caps Market’s Upside
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