Potentially a nice upside to VIX

Horrible jobs report and no clear sign that things will get better make it a great recipe for the VIX (UVIX) to spike. The glimmer of light from cutting interest rates likely won't make a dent in the economy. It's too little TOO LATE! A massive correction needs to happen and PE / CAPE ratios show that the stock market is the most expensive it has every been. I've seen many people get wiped out, always read the signs....