Don made a specific point to highlight the quiet yet aggressive buying activity in bonds – along with the VIX Volatility Index – that showed us that something big was moving behind the scenes. Today, we realize now what that was. Stocks across the board – in fact all 500 S&P 500 index components – were negative today with most losing over 5%. It was a dramatic down-trend day and took us from soaring heights all the way back near Don’s 2,893 Gravity Point which is where we’ll begin Friday’s session.
