Aside from some my rationale noted on the chart, fundamentally earnings
thus far have been unspectacular coupled with 'safe' stocks ie ( Coca Cola
($ko)) being overvalued and the federal reserve
tapering makes a continued sell off understandable. This is a stock pickers market once again with speculative plays and sectors outperforming the market. I'm not ready to call this an outright bear market, I just want to sell some options spreads and short some weak names to take advantage of this kind of environment.