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Getting close it appears. I've got -4.7%

2016 lows still 500+ pts away in ES. Already broken them in other indicies. Cap weighting has kept NQ/ES relatively bid.

Yes, good chart.

SPY just took out 13 months worth of lows in 1 month. I don't even think SPY and QQQ are great examples due to cap weighting. Some of the secondary indicies are far worse (taking out 2016 lows) and trading into or beneath 2007/08 highs. Too much lag in your definition since you would give...

The bigger problem:

HYG, JNK, historic volatility in bonds...it does seem each day brings more mess

Well, hopefully he closed it out.

Only possible way to generate whatever liquidity is left.

10 yr puts exploding in value. Had a few boat anchors (assumed dead and forgotten) that are panic bid.

Normally a weekly upsloping MA provides good support on panic lows, but as evidenced by the 2000 bust, it's not infallible. (Obviously it worked well in Dec 2018). 6576 on NDX is 200 weekly

Problem is Nasdaq IMO. No panic there yet. The 2000 analog had that first panic leg at -36% if I remember correctly. That's still 700 points away.

BA seems like the poster child of financial engineering run amok. IWM $169 to $97 in under a month. The bear raid for the record books.

The limit downs have been the only real obstacle. 2000 area completes that megaphone pattern. No one talking about Russell, that's just an lol at this point.

strike?

What's the running total on losses from 100 point stops this time around? Destriero's friend never gave us the total from the 2018 massacre.

"Journal integrity" died around November, 2018.

False

It's funny because ES down 65 is the old ES down 6.5. A "good" up move in the slow grinder market of old was what 15-20-25 ES points? Nobody can make up for a batch of sloppy, failed bottom stabs in an 80 VIX market. Alas, let the comedy continue...

You mean you haven't seen his "True" "False" replies over the past some odd years? Have to speak his language, including large fonts in pastels underscored.

We already are, it just so happens that trying to administer all of that printing and funnel it into the right hands is a damn near impossible task. As others have alluded to, 2008 was a different ball of wax since the insolvency was concentrated in a few sectors. Now, it's global and every...