So. How does yesterday's -1.6% drop in the S&P 500 look within the context of the Top-3 drops since April? It ranks as #3 (June 20th = -2.5% and April 15th = -2.3%).
The reality is you haven’t had many opportunities to buy US growth stocks in 2013. This one is a shallower correction (on less volume). Meanwhile, S&P 500 TREND support is literally right where it closed yesterday.
Incidentally, the II Bull/Bear Spread just tanked to a 6-month low. Only 38% in the survey admit to being bullish. That's a fresh year-to-date low. It has crashed 56% in less than a month. It's also an uber-bullish signal.
It's time to make some decisions.
