CRITICAL POINT - the Dow Jones dropped PAST 5% at one point, today -
falling BELOW the '25,000' trend line to close at 4.60% down
S&P fell 4.10% and BELOW the much feared 2700
CRITICAL POINT - Bitcoin down to 6500, today.
CRITICAL POINT - VIX up 60%, today.
(when just going over 20-25% would have been a 'BIG DEAL')
For those interested in the technical analysis of how this played out today, with lots of charts - click here
https://www.zerohedge.com/news/2018-02-05/vix-spikes-above-20-sp-drops-5-dow-down-1600-points-highs
And, for the after market close fireworks
"Thought today's market crash was over? Think again: the E-Mini is tumbling after hours, sending Nikkei futures a staggering 8% lower..."
THE CRASH HAS CONTINUED AFTER THE CLOSE
https://www.zerohedge.com/news/2018-02-05/sp-nikkei-futures-crash-after-hours-vix-volumes-hit-all-time-high
"I've never seen anything like this... this is it..." say the long-term traders - just check this chart
AND, THEN REALIZE THAT THIS SHOWED THE VIX TODAY AT 40 IN THIS CHART - ^^^
BUT IT IS NOW 60...LOOK CLOSELY - SEE HOW THE ONLY THING HIGHER THAN THAT WAS LEHMAN?
You can read about how "everyone" stuck in a 3d loop that never really thought this would happen is panicking
https://www.zerohedge.com/news/2018-02-05/it-traders-panic-xiv-disintegrates-after-close
I'm sure hoping that if you are reading this, it is with as much JOY as I feel right now - knowing that this whole "system" has been nothing but a Ponzi scheme which is rotten to the core and must be done away with in order to start new.
Don't worry, many thoughtful and brilliant minds have planned for this day for decades - and we'll be just fine.
BETTER than ever, in fact, with a legitimate new monetary system around the globe - on a 'fair-playing field' backed by REAL assets.
(Do you recall our president announcing this, around this same time last year?)
Do you suppose that as new "Fed" chairman Powell experiences his first day today, it may be to just usher us through this magnificent change - with no more fun-n-games from 'Jellin Yellen' - I've started more than one new job with a 'Baptism by Fire' myself....lol
