To be brief, last night, futures were down 500…now up 100…yummy.

We will know a lot more as to how this bounces. The big 4 large cap indices broke below the 50 day…bringing a lot with them.

Pay no attention to those who just say buy buy buy.

Pay no attention to those who say crash crash crash.

Pay attention to what is holding up best but beware, if this worsens, they usually get them all.

Expect a lot of tweets from the big guy and a lot of rumblings from the Eccles building housing the maniacs at the fed.