FLASH GAGE – Dow Taking a Header

About 15 minutes ago, the Dow Industrial average was down over 1500 points. It has clawed back to being around 800+ right now. Either way, it’s plunged to the lowest levels of the year.

CBOE VIX Fear index now up 97 percent at 34.07

Equity stop loss orders accelerating the selloff.

Gold catching a bid as trade volumes increase.

Equities in free fall, down now almost 6 percent in one day.

Seat belts are required.

Disclaimer: This editorial has been prepared by Walter Pehowich of Dillon Gage Metals for information and thought-provoking purposes only and does not purport to predict or forecast actual results. This editorial opinion is not to be construed as investment advice or as a recommendation regarding any particular security, commodity or course of action. Opinions expressed herein cannot be attributable to Dillon Gage. Reasonable people may disagree about the events discussed or opinions expressed herein. In the event any of the assumptions used herein do not come to fruition, results are likely to vary substantially. It is not a solicitation or advice to make any exchange in commodities, securities or other financial instruments. No part of this editorial may be reproduced in any manner, in whole or in part, without the prior written permission of Dillon Gage Metals. Dillon Gage Metals shall not have any liability for any damages of any kind whatsoever relating to this editorial. You should consult your advisers with respect to these areas. By posting this editorial, you acknowledge, understand and accept this disclaimer.