It's OVER

There is really nothing to say. I firmly believed that the feds would do whatever was necessary - and they had unlimited funds - and that has not worked in any fashion.

Fed's opened up a $1.5 TRILLION dollar REPO operation to support bonds today - and it didn't even slow the market drop down!

zerohedge.com/markets/stocks-tumble-after-feds-massive-repo-operation-sees-tiny-uptake-sparking-selloff

• Trust is finished - if this ever comes back people getting out will never come back to the market again
• The United States is only beginning to shut down - once the full shut down begins another 40-50% drop could be realized.
• Goods will not be delivered. Productivity is collapsing
• A Great Depression that last 10 years is reasonable