Ha ha even I'll admit that was a stupid comment .The fed already did an emergency cut, but it wasn't enough. He needs to cut more, soon.
The spooz future holding very well at 1271. 'They' aren't gonna let 1252 break. It would still take another 2% decline for that to happen. With the fed cutting on Tuesday, the shorts best bet is to jam the market down Monday as much as possible, but I don't see it breaking below 1252.