That "emerging market worry" is just a bunch of baloney. Just like the "PIGS" (remember, Portugal, Italy, Spain and Greece). Where is all of that worry today? All of those countries are still around and apparently doing well enough. No one took them over and our irrational stock market stopped going in circles over them.
Just like this emerging market bunk, it was only an excuse to oversell and short something.
By the middle of next month these creeps won't even remember that there was an "emerging market". And then in May, the pot will be boiling over again with concern. A bunch of made up junk, that's all it is.
VLO sell-a-thon, same thing......