March 4th - Update

If we take a closer look at the VIX , even that the market drop and break the NOV 2002 lows, we didn't see panic and fear comparing to NOV 2008 lows and that is good.
Due to the fact that a lot of the market participants are gone, lost there money or doesn't trade any more, there is less fear in the market, nobady cares any more . It will be easier for a substantial rally to develop.
The VIX is now at 50 comparing to almost 90 in NOV 2008.
Breaking the 40 level, and we get a substantial rally.