THE CLOSE

Markets spit the bit into the close as usual and the +150 on the DJIA turned quickly into -200.

The sellers just crush the sellers at the end of the day and there is not much else to say.

Metals, homies, internets and oils were the leaders while brokers, telecom, banks and utils lagged.

VIX- closed near 57.65 and up 7.4%;

Gold $910;

Crude- near $89;

Not much to say except that it appears the country is going out of business and all investments are quickly moving to zero- best investment maybe a good hand gun.