The market started out down a little. No big deal after the big rise yesterday. Then it just fell apart. By the time we realized how bad the day was going to be it was seemingly too late to buy some puts. It wasn't really too late to buy puts, it only seemed that way!
VIX spiked today and is currently (at 3:40) right below its high of the day and month. This is some cause for concern.
One bright spot for us is Las Vegas Sands (LVS) which is up 2.5%, although it was up more than 10% earlier today. Eastman Kodak, a stock we have not been happy with recently, is up 9% today.
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