No problemo!...................from Rico

More market breakage?
- System error?

NOPE. Nothing to see here. Just move along. All is well.

The IBEX (the Spanish exchange) was down for about five hours today. The reasons are still vague and unclear.

Let's see: MFG, PFG, LIeBor, Facebook's IPO faceplant, Knight, the IBEX, now Japan?
- As Japan 'opens' ALL Tokyo derivatives trading is down. TOPIX and JGB futures have been halted. Systems errors are being blamed.

It's a real shame so few took Ann Barnhardt seriously enough.

Think "Lehman x 10" approaching.