If you haven’t done so already… quickly look at the market futures.
Dow Jones - 11,590 - down 516 points
S&P 500 - 1,262.40 - down 62.9 points
NASDAQ - 1770.50 - down 79 points

Stock Markets Plunge Worldwide, Monday, as the US markets were closed. This is a reaction to the fears and expectations of a US recession! The futures suggest that all three US indexes will match the average 5% drop everyone else saw today. This has now caused nearly 2-years’ worth of gains to disappear since October…

S&P 500 opened the year at 1,465.3 and will open tomorrow near 1262.4 which is a 202.9 point drop or 13.8% in 3 weeks. While the Dow Jones opened the year at 13,247 and will open tomorrow near 11,590 which is a 1657 point drop or 12.5%.

Our market is in a VERY, VERY SCARY TIME!

Over the weekend, our Market Train Wreck posting called a possible market bottom of the Dow Jones at 11,200 and the S&P500 at 1250. We are nearly there… only a few small points. But depending on the reaction this week, we maybe headed for a world of financial hurt!

AppleOption wants to help guide you though these uncertain times. We are currently working with ThinkorSwim brokers to offer an Auto-Trading Service. Many of our members have requested this service. What happens is a trading account with ThinkorSwim will be allowed to sign up for the AppleOption Auto-Trading Service and then allocate a % or $ amount to be used to replicate the trades of any portfolio. If you are interested in this service, please email ThinkorSwim ( autotrade@thinkorswim.com ) and request that they add AppleOption to the Auo-Trading Service. Tomorrow’s market open is exactly the reason we feel this would be such a benefit to our members. As there are hundreds of factors to be considered before we react to the markets move.

Specifically our Portfolios:

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