Where are we now?

If I could sum up the state of the market looking back a week, it would be the image above.

A total, unadulterated, disgusting, expensive, devastating wreck...

And we haven't even broken the February lows yes on the ES.

The way I like to picture the market where it lies right now is like the bubbling in your stomach you get just before you commit an atrocity in the toilet when you have food poisoning...

You know things are bad, you know bad things are coming and you're hopeless to stop it.

It just hasn't happened yet.

A quick lookback

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David Belle

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