Fitz Bits: Proceed With Caution

Let's look at some charts.

Tesla (TSLA) Amazon (AMZN) SINA (SINA) Qihoo 360 Technology (QIHU)

The Fitzpatrick travel rule was in effect on Tuesday, when equities sold off while I was at 30,000 feet on my way to New York to appear on "Mad Money" on Thursday. It seems like each time I travel, something happens. If you could only watch financial TV from seat 11D on JetBlue (JBLU), you'd think that the wheels were coming off the wagon and the market was imploding. But think about it -- equities didn't sell off that hard. I look at a 2% decline as noteworthy. But a selloff of around 1% only feels really bad when it is on the heels of a recent decline -- a break of reliable support....754 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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