Monday, October 17, 2011

1 pm Update...

Stocks are selling off in the wake a many analyst downgrades this morning. 

Dow -196
Nas -49
S&P -19 to 1205

Weakness in banks, commodities, technology and metals are leading the market lower.

The Volatility Index (VIX) is staring to spike again.  It is currently +4.07 to 32.31

Remember the Vix had spiked up to 46 during the last selloff.

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