The VIX Index and VIX ETFs finally hit the VIX Fiscal Cliff bottom, but will the bounce last? Hard to say, as the iPath S&P 500 VIX Short Term Futures ETN (NYSEARCA:VXX) only rose .22%, while the VelocityShares Inverse VIX ETN (NYSEARCA:XIV) only lost .20%. The VIX Index rose 1.24% to close at 13.81, still very well below the average ’20′ level of fear. Perhaps investors are finally starting to feel fear regarding this year’s first earnings season, however after a positive Alcoa (NYSE:AA) earnings report released last night, fear surrounding earnings reports is unlikely, even if the widely anticipated...