As prophesied on Sunday, my travel plans have once again caused a dislocation in the global balance of market forces. In other words, the futures are getting whacked, and it look like the day will start pretty ugly.
SPX is down about 20; Dow off over 120. Oil rocket up nealy 10% after 250 protesters were killed in Tripoli, the Libyan capital, by government forces. Witnesses described “an obscene amount of gunfire. They were strafing these people. People were running in every direction.” In addition to the Libyan army, Qaddafi deploys mercenaries to facilitate killing the citizens of Libya.
More later . . .