So Brian, you are waiting for this "capitulation" to happen.......

So Brian, you are waiting for this "capitulation" to happen.... a 500-600 point drop.

Since the February 9 high, we have had essentially 9 days down in succession.... a 1200 point fall. That's right, 14% down in 9 trading days.

Or looked at another way, since the January 2 top we have fallen 2000 points -- 22 per cent down.

Now I remember not so long ago, when 10% a YEAR increase was bullish.