OK surprised no-one (well not that I have read) has mentioned the fact that it is Triple Witching Week, especially the more seasoned traders (not me ha!):
http://www.guerillastocktrading.com/stock-market/stock-market-update-for-trading-week-of-march-5th-2012/
According to the Stock Trader's Almanac, the first 2 weeks in March heading into Triple Witching Day on Friday, March 16th 2012, should have a swing move up. The reason for the swing move up during the first two weeks in March is that it's the end of the first quarter. Institutional traders will be re-positioning themselves ahead of Triple Witching for the second quarter. March Triple-Witching Weeks have been quite bullish in recent years. But the week after is the exact opposite.
http://slopeofhope.com/2012/03/to-the-galaxy-far-far-away.html#more
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