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S&P Plunges

The plunge through 1150 on the S&P puts 1105 on deck.

If the S&P can’t bounce up to the 1150ish area by the close, all eyes will be on 1105.

Ok, that got a lot crazier than even I thought it would today. As you can see from a cursory view of the news or my post above, the S&P sliced though 1150, dissected 1105 and plunged to 1065 in a wink before finally rebounding up to 1127 to close.

The amount of violence and the % moves were enough to rip your head off if you were playing with any leverage, and the moves in the forex market were even more outrageous.

See my post up above for more…

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