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CBOE VIX Volatility Index briefly falls below 10.00 before rebounding. The CBOE VIX (NYSEARCA:VXX) edged slightly higher on Wednesday, as stocks struggled for gains amid sharp declines in telecom shares. The Chicago Board Options Exchange (CBOE) Volatility Index edged up 1.2% to 10.21, on a scale of 1-100 where readings below 20 normally imply bullishness…