Kim Jong-Un orders frontline N. Korea troops onto war footing "North Korean leader Kim Jong-Un ordered his frontline troops onto a war-footing from Friday, as military tensions with South Korea soared following a rare exchange of artillery shells across their heavily fortified border..." http://www.msn.com/en-us/news/world...ne-n-korea-troops-onto-war-footing/ar-BBlWsQd
They're pissed off about an array of loudspeakers. I wouldn't be surprised if this is just saber rattling. On the flip side, they're not the most rational of sorts.
Ok, now we talkin' 1972 ish is the first place I would even touch long SPX. Under NO CONDITIONS have a position in equities into the weekend, lest you want a 1987 in your face on Monday. But, come Monday, start to look for longs.
Keep hands OFF short VIX. Here is what spikes in VIX look like. Notice all the spikes above 30. 2009 was the Godzilla of VIX.
Correction seems rather mild compared to how far US markets rallied since your frequent short calls were posted on this site. Anyone fading your calls is still sitting pretty on a massive gain. Perspective.