Quad witching cannot hide Oracle chart breakdown.

Oracle (ticker: ORCL) is now joining the smaller NASDAQ players in breakdown.

Here is the close up of just the 5th wave which is counted by the purple numbers top right:

After a few of these big "safe" names begin taking big losses, the herd will get increasingly nervous.  Remember, much of the market "valuation" is nothing but borrowed money.  The margin players will have to sell on any real, broad weakness.  The selling will thus feed upon itself.