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Six-Sigma Services-Sector Survey Surge Sparks Buying Panic In Stocks

ADP weakest in 4 years, Factory Orders 22nd straight month of annual declines, Services PMI employment at 2010 lows,...ISM Services (survey) biggest jump in history... priceless The Biggest jump in ISM Services ever (a 6 sigma beat)... Buy it! Just buy it, stupid! On no volume... (not that we dropped to VWAP into the close) VIX and S&P traded in a very narrow range... with a false breakout But a late-day sellofff back to VWAP spoiled the party.
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