that s as high as it s been since august 215. big picture, volatility is very high. the banking sector is getting hit very hard. wells fargo was down 8% at last i was able to look. it s happening so fast now it may be more than that. wells fargo was in the middle of the scandal, a big scandal with charging people fees and that they didn t shouldn t have had to pay. now the dow is down 1,127 points and we re approaching gerri willis is here. we re approaching correction territory now. it s stunning to see this. stunning to see this. we re not there yet. keep in mind, this has been a go-go market with the dow putting on 6% in january alone. this is what happens, my friend. the past ten years, we ve had six corrections. that s a 10% loss. i m talking here about the s&p