Watch the Yen too, the true sign of risk aversion. US futures dumped on the BAC news. I am so pissed about yesterday, they set this market up to fall so that short sellers could rake in a fortune. They screwed us with FAZ, I only wish I had waited to buy it today, I sold half my position and loaded my boat with BAC puts.
I posted all day that something stinks at BAC. The only reason the number isn't double is because the shares were over $10, if they were at $7, the number would be over 50 billion.