Thats it folks. Nothing to see here. The next two weeks will be full of earnings confessionals as one company after the other reports earnings much worse then expected. Then throw that in with other unexpected news like a natural disaster or terrorist attack. We might even have a few of those airlines go bankrupt to throw a little wrench into things. Everyday the SPY is going to get pounded down and we might even experience one of the much talked about Black days. I warned everyone here earlier of what is about to happen. I say it hits 1150 between June-October area on the SPX or 115 on our beloved SPY. The time to get out was today because, after today, the index will not get back to this point for years!!! Remember 2000-2002? How long did it take for that SPY to rebound to the break even point? A good few years. You were warned, I warned you that this is a short sellers market. You didnt listen. You gave me graphs showing how wrong I was then GE brought all good things to life for the shorts. Today will go down as Jack Stone day!!!