What is the VIX fear index?

The article below is one of the best I've read about the VIX fear index. It gives everybody, especially those of us who need it <g>, a clear and concise summary of what the VIX does, when, and why. I have linked to it here without the writer's (Don Miller) permission or objection.

Here's a good video about the VIX from CNBC

Here's a good article from Forbes

And more

Good article about ETF's vs ETN's  Are JPMorgan Chase ETNs Safe?
new May 17

Eerie volatility prediction
new May 23 

The Right Way to Use the VIX to Profit and Avoid Losses
new May 23 

Beware ETNs: Risky ETF look-alikes
new May 24 

Facebook Shows There's a Sucker Born Every Minute
new May 25
new June 8

The power of using Standard Deviations (Bollinger Bands)
new June 20

Bill Luby's excellent 'Top Posts of 2012 (Through the First Half of the Year)'
new June 29

Why Is The VIX ETF Near An All-Time Low? Same Old Contango
new July 5

How to Be Sure You've Found a Higgs Boson
new July 6

How To Forecast VIX & VXX: A Sophisticated Yet Simple Process
new July 8

Breaking Down the Risks on ETNs
new July 13

Friday (July 13) Market Melt-Up: Don't Get Suckered In
new July 16

Is a Bigger Selloff in Stocks Ahead?
new July 16

SEC Bulletin: New Measures to Address Market Volatility
new July 27

So You Want To Trade Volatility: Understanding Contango
new July 27 

new July 30

Rarely do we recommend that you go to an off-site page. But the email I received this morning — I watched the Market Wrap Up Video three times. We promise you will not regret viewing it. He's the only guy talking like we've been thinking — As Johnny Carson once said, "Great minds (pun) run in the same sewer" :) We'd be interested in hearing your reaction to the video in Comments.

Friday Market Wrap Up 8/3/12
new Aug 3

Essential Guide To Understanding And Forecasting The VIX And VXX
new Aug 8

How Can the VIX Be 14 and Lower than VIN and VIF? by Bill Luby
new Aug 14

VIX Warning of a Top? (Good video, registration required)
new Aug 22

J-Trader's Market Analysis: Welcome XIV and VXX....
new Sep 2

There's the rub: VIX bets turn cash into vapor
new Sep 8

VIX ETN Hits All-Time Low, In Single Digits As Contango Deepens
new Sep 9

new Oct 1

Predicting the VIX Moves (very good)
new Oct 1

new Oct 9

VXX: Reverse Split by Jeff Hartzer (very good)
new Oct 9

A Timely Test Of The Ultimate Hedge Against A Market Crash
new Nov 8

Why fresh investing ideas go stale fast
Maybe we should have shut up and removed our research from the web. One reason not to, it's not an academic paper :)
There are more!

new Nov 8

Related Tickers: VelocityShares Daily 2x VIX ST ETN (NYSEArca:TVIX),  VelocityShares Daily Inverse VIX ETN (NYSEArca:XIV), VelocityShares Daily Inverse VIX Medium-Term ETN (NYSEArca:ZIV), iPath S&P 500 VIX Mid-Term Futures ETN (NYSEArca:VXZ), VIX Mid-Term Futures ETN (NYSEArca:VXZ), iPath S&P 500 VIX Short-Term Futures ETN (NYSEArca:VXX)