I'm grabbing the barf bag as I listen to more gurus talk about the "market repricing risk". What nonsense! Whatever happened to fear & greed? Bubblevision blabbermouths talk about the god-like traders reevaluating a concept of "risk" - barfaroo. What we are seeing is a bunch of beefers panicking and the Street giving them margin calls to protect their own butts.
When they put on a guru who was long and sold at the top for a real reason, I'll listen. Otherwise all this technical talk & VIX garbage, etc. is just babble for the boobs.
PS: Bubblevision just put on a guru who "called" the decline [they're calling it "collapse" now]. Of course, he missed the entire bull move & is just a perma-bear. Sheesh.
PPS: On the other hand, unless the bullish gurus sold some before the drop, where are they going to get the $$$ to buy?