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Sunday, January 31, 2010

Second Largest Equity Pullback Since the March Bottom

Vix and More details (bold mine):

With today’s (Fridays) continued drop in the SPX (low of 1073.18 with 45 minutes left in the session), the index has now fallen 75 points from peak to trough. This is the second largest pullback in terms of points and percentage retracement since the March 2009 rally began.