Today we had a condition that has only occured three times since 2007…VIX Up, Dollar Up, Bonds Up with markets making recent new highs…see chart below for these occurences:
click chart to see a more detailed image:
VIX UP = Market Rally
Bonds Up = Market Rally
Dollar Up = Market Rally
Total European Banking System Failure = Market Up and near highs
Currency Controls = party time for Ben BURNanke
ECB Officials dazed and confused = Risk On
Margin Debt increases for Feb = Margin Debt increase in March
Central Bank = Over leveraged hedge fund