Everything Is in Free-Fall

Is capitulation around the corner?

I figured after the CPI “flash crash,” the futures would rally. They did initially, but I didn't expect the ES to trade down to 3923.75 and drop 120+ points from the day's high. The train really has rolled off the tracks. 

I know people are starting to dabble into buying some beaten-down stocks, but I don’t think we are there yet. The PitBull told me tod…