[1]Weakness in Asian data, check. Weakness in European data, check. Weakness in US data, check. USDJPY overnight sell-off primed for US day-session ramp, check... New highs for US stocks, check...
S&P new all-time highs and thus positive year-to-date...
[2]
The Buying panic ensues...
[3]
Sparked by just a little USDJPY momentum ignition...
[4]
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Links:
[1] http://www.zerohedge.com/users/tyler-durden
[2] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/02-overflow/20140224_ytd1.png
[3] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/02-overflow/20140224_ytd2.png
[4] http://www.zerohedge.com/sites/default/files/images/user3303/imageroot/2014/02-overflow/20140224_ytd3.png