S&P futures down 5 is a nothing move. Asia market down 1.5% is also a nothing move. Not a change in hell they let this market crater right now. Until you see the Spanish and Italian 10 year start to move in the 6% range the central banks have it under control. Hate to say it as I'm more bearish then ever, but unlimited Ben juice is the game. Tapering talk was a test and only a test, so don't expect this coordinated CB game to end anytime soon.