Tuesday, March 6, 2012

Largest Market Drop in 3-months

Market DropWith Apple (APPL) trading down -5% from recent parabolic highs and with the financials under pressure over renewed concerns in the Euro-zone, equity markets are suffering their largest single-day loss in 3-months.

Mar-6 Vix


Bulls beware:  The interventionist authorities are losing control of their sustained and insanely bullish VIX reading beneath the 20 level.



Bears beware:  The sudden and quintessential all-at-once declines rendered after prolonged bullish levitation can often find support over the near term – then jettison right back up toward previous highs.

Market Drop March 6

Until next time,

Trade Better / Invest Smarter