Wow looks like a Tsunami slammed the markets and washed away the bulls into the ocean. VIX explodes to 28.89
Hopefully he can send his cash injections quick so the chain reaction of sell orders can be slowed down averting a meltdown in wallstreet. Sorry cant help it.
I will guarantee Bubble ben bernanke coming out with a statement over the next week or so (if the markets continue to trend a lot lower and economic news worsens) and release news that he is going to start QE3 and possibly QE4.
SPX now below 2010 close!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! at 1251 Remember these are the closing indexes for 2010! DOW 11577 SPX 1257 NASDAQ 2652
Yea, here comes the late day rally just like yesterday!!! Have to ease all fear going into the close so that no one panics over night. SPX will magically close above 1275 again!!!! MAGICALLY!!!!!!!!!!!!!!!