"The problem with movies and books is they make evil look glamorous, exciting, when it's no such thing. It's boring and it's depressing and it's stupid. Criminals are all after cheap thrills and easy money, and when they get them, all they want is more of the same, over and over. They're shallow, empty, boring people who couldn't give you five minutes of interesting conversation. Maybe some can be monkey-clever, some of the time, but they aren't hardly ever smart."
Dean Koontz
The equity markets are very short term oversold.
VIX is sky high. This Friday is the quad witching expiration for options. The McClellan Oscillator is in crash or rebound territory.
Stocks could breakdown and plunge, but its more likely we will get some sort of bounce and consolidation, that could last until the weekend or the next major financial default. We *might* see a major relief rally ahead of expiration.
