We have seen this all before...
...it's never different this time. Of course, you should buy the dip; you invest for the long-term, right? VIX, schmix; Credit, schmedit; Gas prices, schmices; Macro, schmacro...
The last few times that VIX has seen such a 4-day low-to-high risk-flare were extremely significant events...
Credit markets have been flashing red for a month...
and we've seen that before too...
And we've seen what the catalyst for an equity rerating is before...
Macro seems to be sending clear signals too... that we've seen before...
But apart from that...BTFD (or in Abe's case STFR)
Charts: Bloomberg, Capital Context, and Goldman Sachs
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