USDJPY has screamed down to 100, Dow down to 9612 and S&p to 1015

The world looks quite bleak...There is REAL panic now and I fully expect a global recession over the next two years

I was somewhat wrong about USDJPY not trading outside of 101/109 levels.... This is a massive vote of no confidence by the markets... I think this is Europe and Britain having crises that is being priced in....I still hope USDJPY bounces back and it is impressive that USDJPY didn't break 100 even with VIX above 52, however it doesn't mean it wouldn't

I still like the following trade

Short EUR, GBP ( against USD and JPY)....