Seven Ate Nine

With the Dow blowing through the 9K and 8K barriers over the last two days, BNL's "789" comes to mind.

As I write this, the VIX just cracked 72.

Yesterday, two S&P 500 components were trading above their 50-day moving averages. Seven S&P 500 components were trading above their 200-day moving averages. Zero Dow components were trading above their 50-DMA or 200-DMA. Zero NASDAQ-100 components were trading above their 50DMA, and only two were trading above their 200DMA.

I can't think of a better time to take a break, head over to Ireland, and regroup.