I might be wrong, but I'm expecting a rebound and given its Opex Friday, could we see 15 tomorrow? Easier than trying to drop to 12.50...
there is no place to hide - stocks, bonds, commodities - and margin debt at 2007 all time highs.
this is a macro liquidation event... get out of the way of the train and live to trade long another day.
Have you ever read the story of Chicken Little?